EU Updates Its List of Sanctioned Entities; EU Introduces New Sanctions Regime Against Persons Involved in Proliferation and Use of Chemical Weapons
EU Updates Its List of Sanctioned Entities
In October 2018, the EU decided to amend its list of sanctioned entities and persons in the following countries: Burundi, Guinea and North Korea. Further, the European Commission added new persons to sanctions directed against the ISIL (Da’esh) and Al-Qaida organizations, and removed restrictions imposed on one Iraqi entity. The up-to-date consolidated list of all entities and people subject to EU sanctions can be found on the website of the European Commission.
EU Introduces New Sanctions Regime Against Persons Involved in Proliferation and Use of Chemical Weapons
On October 15, 2018, the Council of the EU adopted new sanctions against people and entities involved in providing financial, technical or material support for or otherwise involved in any business transaction related to proliferation of chemical weapons. In particular, EU sanctions provide for the freezing of assets for sanctioned people/entities.