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Soon to be

Standard Club and North are becoming NorthStandard on 20 February 2023. For more information on NorthStandard visit our info page. If you would like more information regarding the changes for Standard Club members and clients click here.

View Russia / Ukraine conflict updates here

EU sanctions

It is prohibited (under EU Reg. 36/2012, Reg. 168/2012 and Reg. 1323/2014) to 

  • provide equipment/technology used for internal repression in Syria
  • supply key equipment/ technology for the Syrian oil and gas industry
  • purchase or import crude oil or petroleum products from Syria (or to provide insurance for such trades)
  • supply equipment used to construct Syrian electrical power plants
  • supply jet fuel or jet fuel additives (or to provide insurance for such trades)
  • supply luxury goods or trade in gold/precious metals

It is prohibited (under Executive Order 13582) to:

  • export or supply any services to Syria from the US or by a US person
  • import Syrian-origin petroleum or petroleum products into the US.

Furthermore, the property of any person in the US who has ‘materially assisted’ (ie provided good/services etc) to the Syrian Government will be 'blocked' (ie subject to an asset freeze).

We advise members to carefully consider the impact of sanctions should they decide to trade to Syria and strongly recommend seeking independent legal advice.  Members are reminded of the need to exercise due diligence to ensure that the trade or operation is not subject to sanctions and that they do not trade with individuals or entities that are named on the EU or US sanctions lists.

Syria circulars issued by the club

Syria Knowledge & News

Key contacts

View all key contacts
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