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Syria
There are extensive EU and US sanctions in place in response to concerns over human rights abuses, which include asset freezes imposed on named persons/entities, trade embargoes and restrictions targeting key sectors of the economy.
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
US sanctions
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).
Reminder for due diligence
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
17 May 2016
18 May 2016, Standard Club Circular - Syria Sanctions
Syria Knowledge & News
30 March 2019
US sanctions against Syria: Advisory targeting petroleum shipments
27 June 2018
Web Alert: EU extends existing sanctions against Syria for further year
22 December 2014
Web alert: EU extends scope of Syria Sanctions
25 June 2013
Web Alert: EU sanctions against Syria
25 January 2012
EU increase sanctions against Syria

Key contacts
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Ursula O'Donnell
Divisional Claims Director
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Henry Preedy-Naysmith
Underwriter
View all key contacts
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Anna Doumeni
Claims Director
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Rebecca Hamra
President / Regional Claims Director
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Ben Chandler
Senior Claims Executive
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Ewa Szteinduchert
Divisional Claims Director
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Laura Ronan
Claims Director