Council Regulation (EU) No 1150/2011 of 14 November 2011 amending Regulation (EU) No 442/2011 concerning restrictive measures in view of the situation in Syria

15.11.2011

EN

Official Journal of the European Union

L 296/1

II

(Non-legislative acts)

REGULATIONS

COUNCIL REGULATION (EU) No 1150/2011

of 14 November 2011

amending Regulation (EU) No 442/2011 concerning restrictive measures in view of the situation in

Syria

frozen funds subsequently received by this entity in

connection with the financing of trade with nondesignated persons and entities.

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European

Union, and in particular Article 215 thereof,

(3)

In view of the continued brutal repression and violation

of human rights by the Government of Syria, on

14 November 2011, the Council adopted Decision

2011/735/CFSP amending Decision 2011/273/CFSP

concerning restrictive measures against Syria (6)

providing for an additional measure, namely to prohibit

the European Investment Bank to make any

disbursement or payment under or in connection with

existing loan agreements with Syria and to suspend all

existing Technical Assistance Service Contracts for

sovereign projects located in Syria.

(4)

This measure falls within the scope of the Treaty on the

Functioning of the European Union and, therefore,

notably with a view to ensuring its uniform application

by economic operators in all Member States, regulatory

action at the level of the Union is necessary in order to

implement it.

(5)

Furthermore, Decision 2011/735/CFSP provides for the

update of the information relating to one person on the

list in Annex I to Decision 2011/273/CFSP.

(6)

Regulation (EU) No 442/2011 should be amended

accordingly.

(7)

In order to ensure that the measures provided for in this

Regulation are effective, this Regulation must enter into

force immediately,

Having regard to Council Decision 2011/273/CFSP concerning

restrictive measures against Syria (1),

Having regard to the joint proposal from the High Represen­

tative of the Union for Foreign Affairs and Security Policy and

the European Commission,

Whereas:

(1)

On 9 May 2011, the Council adopted Regulation (EU)

No 442/2011 (2) concerning restrictive measures in view

of the situation in Syria.

(2)

On 2 September 2011, the Council amended (3) Regu­

lation (EU) No 442/2011 to extend the measures against

Syria, including an expansion of the listing criteria agreed

for the purpose of freezing of funds and economic

resources, and a prohibition on the purchase, import or

transportation of crude oil from Syria. On 23 September

2011, the Council amended (4) Regulation (EU) No

442/2011 to extend further the measures against Syria,

including a prohibition on investment in the crude oil

sector, the addition of further listings, and a prohibition

of the delivery of Syrian banknotes and coins to the

Central Bank of Syria. On 13 October 2011, the

Council again amended (5) Regulation (EU) No

442/2011, listing an additional entity and making a

derogation permitting, for a limited period, the use of

(1) OJ L 121, 10.5.2011, p. 11.

(2) OJ L 121, 10.5.2011, p. 1.

(3) Council Regulation (EU) No 878/2011, OJ L 228, 3.9.2011, p. 1.

(4) Council Regulation (EU) No 950/2011, OJ L 247, 24.9.2011, p. 3.

(5) Council Regulation (EU) No 1011/2011, OJ L 269, 14.10.2011,

p. 18.

HAS ADOPTED THIS REGULATION:

Article 1

The following article is inserted in Regulation (EU) No

442/2011:

(6) See page 53 of this Official Journal.

EN

L 296/2

Official Journal of the European Union

‘Article 3d

15.11.2011

intended for the direct or indirect benefit of the State of

Syria or any public authority thereof to be performed in

Syria.’.

The European Investment Bank (EIB) shall:

(a) be prohibited from making any disbursement or

payment under or in connection with any existing

loan agreements entered into between the State of

Syria or any public authority thereof and the EIB;

(b) suspend all existing Technical Assistance Service

Contracts relating to projects financed under the loan

agreements referred to in point (a), and which are

Article 2

Annex II to Regulation (EU) No 442/2011 is amended in

accordance with the Annex to this Regulation.

Article 3

This Regulation shall enter into force on the day of its publi­

cation in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 14 November 2011.

For the Council

The President

C. ASHTON

ANNEX

The entry for Nizar AL-ASSAAD in Annex II to Regulation (EU) No 442/2011 is replaced by the following:

Name

‘38.

Nizar Al-Assad

(

)

Identifying information

Reasons

Date of listing

Cousin of Bashar Al-Assad;

previously head of the company

“Nizar Oilfield Supplies”.

Very close to key government

officials. Financing Shabiha in the

region of Latakia.

23.08.2011’

لائحة من مجلس الاتحاد الأوروبي تحظر صرف قروض بنك الاستثمار الأوروبي لسورية وتُعدّل لائحة العقوبات بشأن الأموال المجمدة لتمويل التجارة.