The FINANCIAL — As EU diplomats announced today, EU nations are going to put new sanctions against Syrian individuals and businesses linked to the ongoing clampdown on dissent by Syrian leader, Bashar al-Assad’s regime.
The sources, who asked not to be identified, said the European Union was looking at adding to a list of 38 people and businesses already targeted by a an asset freeze and visa ban.
Also embargo on arms and on equipment used for internal repression are included in sanctions by EU.
But calls by some nations, notably Germany, for economic sanctions that could include a boycott of Syrian oil and gas exports had failed to win wide approval and would likely not be discussed until September, told source to EU Business web-site.
The 27-nation bloc last week added Syrian Defence Minister Ali Habib Mahmud and four others to its sanctions blacklist, which also includes Assad, members of his family and three commanders of Iran's Revolutionary Guard accused of aiding the crackdown.
Italy however is the sole member of the 27-nation bloc to have recalled its ambassador in Syria for consultations over the repression, which rights groups said, has left more than 1,600 civilians dead, remarks online edition in its article.
Saudi Arabia and Kuwait on Monday recalled envoys to Damascus and the Arab League condemned violence in Syria, leaving Assad further isolated even as he defended his crackdown on "outlaws."
The EU ambassador to Syria is to remain in Damascus "to observe what's happening on the ground," a spokesman for EU foreign policy chief Catherine Ashton said last week.