SYRIA TURNS TO RUSSIA, IRAN IN FACE OF MULTILATERAL SANCTIONS
September 1st, 2013
While Syria is mired in its bloody civil war, it remains targeted by multilateral sanctions. But despite being essentially cut off from the international banking system, Damascus is evading these sanctions by using Russian banks, and is being financially propped up by Iran. Neighbouring Lebanon has been caught in the crossfire, despite not being a major conduit for fleeing Syrian regime cash.In 2011, as the Syrian government cracked down on protesters, the United States, followed by the European Union (EU), the United Nations and the Arab League imposed economic ...
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.