The United States Treasury Department has made an inquiry about Syrian deposits in Lebanese banks but has yet to request formal action.
The inquiry came during the visit of Finance Minister Mohammad Safadi and Central Bank Governor Riad Salameh to the United States, The (Beirut) Daily Star reported Monday.
Since the beginning of the unrest in Syria March 15, a number of sanctions have been imposed on Syria by the United States and European Union to pressure the Syrian government to stop violence against civilian protesters.
Most recently, the U.S. Treasury placed sanctions on the Syrian-Lebanese Commercial Bank and its shareholder, the Commercial Bank of Syria, freezing Damascus’ U.S. assets and blocking Syria from doing business in the United States.
Leave a Reply
You must be logged in to post a comment.