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Syria isolated as Arab League imposes economic sanctions

London , Mon, 28 Nov 2011 ANI

London, Nov 28 (ANI): Syria, a nation that is already facing a growing military insurgency, has been left isolated after its Arab neighbours voted for an unprecedented package of sanctions after it failed to stop its crackdown on anti-government protesters.

 

During a meeting in Cairo, Arab League ministers voted overwhelmingly to carry out their threat to hit financial and transport ties to Damascus after it failed to end its war on protesters against the regime of President Bashar al-Assad.

 

Under the sanctions, regime officials will be banned from travelling to other Arab countries and government bodies will have assets there frozen, the Telegraph reports.

 

According to the paper, the sanctions would make life difficult for regime associates rumoured to have investments, and escape plans prepared in havens such as Dubai.

 

A particularly severe blow will be the suspension of links to the Central Bank, which will further damage the country's poor liquidity and with a similar block already in place from the United States will make oil sales difficult.

 

In addition all trade with the government except food supplies will be stopped.

 

Qatar, the Arab world's most prominent voice in support of the 'Arab Spring', warned that international intervention against Assad was coming closer.

 

Prime Minister Sheikh Hamad bin Jassim al-Thani said the League's efforts were intended to prevent a repeat of what happened earlier this year in Libya. (ANI)

 


Read More: Bank | Duba | Syria

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