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EU De-Lists Two Syrian Firms After Successful Annulment Applications

By Trade Practitioner on December 13, 2016

The EU Council has de-listed Tri-Ocean Energy and its subsidiary Tri-Ocean Trading from its sanctions against Syria. The de-listings arose from their successful annulment applications in the General Court of the EU in September 2016. In annulling their listings, the Court said that the Council had not properly identified the two entities, and had not substantiated its allegation that the applicants were “providing support to the Syrian regime and benefitting from the regime by organising covert shipments of oil.” Council Implementing Regulation (EU) 2016/1996 implementing Regulation 36/2012 and Council Implementing Decision CFSP 2016/2000 implementing Decision 2013/255/CFSP.

  • Posted in:
    International
  • Blog:
    The Trade Practitioner
  • Organization:
    Squire Patton Boggs
  • Article: View Original Source

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