Foreign Minister Bob Carr has announced Australia will impose new trade sanctions on Syria. Trade in oil, petroleum, financial services, telecommunications and precious metals will be restricted or prohibited across these entire sectors. The new sanctions have been imposed in an attempt to increase pressure on the Assad regime which continues to ignore Joint Special Envoy Kofi Annan’s six point peace plan. These sanctions have been put in place in addition to financial and travel sanctions already in place on individuals and entities associated with the Assad regime. "The Assad regime continues to show its unwillingness to negotiate a ceasefire and bring an end to Syria’s bloodshed," Carr said. "These sanctions reflect Australia’s condemnation of the Assad regime, and our continued efforts to help bring Syria to the negotiating table." Australia is not alone in imposing sanctions on the country. The United States and European Union have already put in place their own sanctions on Syria. Australia’s sanctions will also include expanding the list of individuals and groups targeted for financial and travel restrictions and the existing arms embargo will be retained.
PUBLISHED | JUNE 25, 2012
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