President Issues Executive Order Expanding Sanctions on Syria
President Bush today issued an Executive Order (EO) expanding sanctions on Syria by blocking the property of certain senior Syrian Government officials and their associates who have engaged in or benefited from public corruption. The EO also revises a provision in Executive Order 13338 to block the property of persons determined to be responsible for actions or decisions of the Syrian regime that undermine efforts to stabilize Iraq.
While the EO targets officials deemed "to be responsible for, to have engaged in, to have facilitated, or to have secured improper advantage as a result of, public corruption by senior officials within the Government of Syria", it does not identify any specific names. The EO provides that the names of the persons subject to blocking will be determined by the Secretary of the Treasury, after consultation with the Secretary of State.
Labels: Sanctions; Syria