Lebanon to Enforce Arab Syria Sanctions

إقرأ هذا الخبر بالعربية W460

Lebanon will enforce Arab League sanctions imposed on neighboring Syria even though it did not back the punitive measures, Economy Minister Nicolas Nahhas told Agence France Presse on Wednesday.

"We are committed to implementing the Arab League sanctions," Nahhas said, pointing out that the Syrian government in any case had no trade dealings with Lebanon.

"The Lebanese state has no trade dealings or financial transactions, neither with the Syrian government nor the central bank," he said.

Nahhas said the Arab League sanctions were clear in that while no transactions could take place with the Syrian government that did not apply to the private sector.

He said Lebanese banks however would have no dealings with the Syrian central bank or any individuals targeted by the sanctions.

Damascus has no funds deposited in the Lebanese central bank and there is therefore no need to act on the Arab League sanctions, governor Riyad Salameh said on Monday.

In an unprecedented move, the pan-Arab bloc on Sunday approved a raft of sanctions against Syria to pressure Damascus to end its deadly crackdown against an eight-month revolt.

The sanctions include freezing government assets, suspending cooperation with Syria's central bank and halting funding for projects in the country.

Lebanon, whose government is dominated by the pro-Syrian Hizbullah, disassociated itself from the vote at the Arab League.

Syria has long held sway in Lebanese politics and the revolt threatening the regime in Damascus has deepened the rift between Lebanese officials.

Comments 2
Missing realist 30 November 2011, 21:16

This is yet another defeat for M8, even if it is just verbal, what happened today from temweel to this is no small matter. This is the "law kuntu a3lam" mode.. soon there will be "law kuntu a3lam" that the nizam in syria will fall i would not have said what i said about the Syrian people. hahahah

Default-user-icon Former Lebanese (Guest) 01 December 2011, 00:06

I wouldn't beleive it if I saw it in my own eyes that the Syrian Central Bank and the Syrian government officials don't have funds in Lebanese banks. Lebanese banking secrecy right? beside since when the Syrian government is official about it's transactions? They use Lebanese banks to clean their dirty money.