SANCTIONS MAKE BUSINESS WITH SYRIA DIFFICULT, BUT NOT IMPOSSIBLE

BY PAUL COCHRANE, IN BEIRUT The economic sanctions imposed on Syria last year by the United States and Europe to pressure Damascus to end its violent crackdown on protesters has made doing business in Syria difficult, especially financial transactions. But the sanctions are being evaded, with Lebanon a prime conduit for goods and capital outflows. Paul Cochrane reports from Beirut. Just months after the uprising began in Syria in March 2011 the US imposed economic sanctions on the country, including a ban on using Visa and Mastercard in Syria, and even on ...


Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.