EU oil ban denounced as too little, too late
Saturday 03 September 2011
Latest in World Politics
Related articles
On Facebook
From the blogs
Manchester City top the ‘injury league’, with Manchester United bottom
The results of new research into every significant injury suffered by every Premier League footballe...
A Jubilee letter from a republican to royalists
With the Jubilee weekend edging ever nearer Rob Williams offers some help for those Royalists who ju...
Asylum seekers: When the questions tell us so much more than the answers
For the last four years I've been paying my karmic dues (I would say "contributing to the big societ...
GCSEs are a pointless waste of time
A few facts. Last year almost 70% of 16 year olds achieved at least 5 GCSE passes with grades A*-C. ...
The European Union imposed a blanket ban on Syrian oil imports yesterday, but immediately faced accusations that its embargo would allow oil companies to fund the Assad regime into the New Year.
After troops reportedly killed up to 13 pro-democracy demonstrators who chanted "death rather than humiliation" after Friday prayers yesterday, EU foreign ministers agreed to a ban on Syrian oil imports that total more than $3bn a year. The ban is designed to cut off one of the regime's main sources of income in the hope that it will halt its lethal crackdown on protesters.
Speaking after a meeting of EU ministers in Poland, the Foreign Secretary, William Hague, said: "The EU has made clear that we will increase the pressure on President Assad until he steps aside and allows a transition to a different type of regime. Throughout Ramadan we have witnessed horrific scenes of continued brutality.
"This is unacceptable and today we have agreed a ban on all EU imports of Syrian crude oil products to constrict the regime's funding and reduce its ability to fund the repression of innocent civilians."
Pressure groups jumped on the detail of the agreement however, which includes an Italian amendment that allows companies to continue to trade with Syria under existing contracts until 15 November. Because oil industry agreements usually allow for 30- or 60-day payment periods, European oil firms could well be funding the Assad administration into 2012. The EU buys as much 95 per cent of Syria's oil. France, Germany and Italy are the biggest buyers. Ricken Patel, executive director of the campaign group Avaaz, said: "Diplomats, experts and citizens are baffled by Italy's senseless obstruction of oil sanctions. EU countries need to stand firm and shower President Assad's best friend in Europe with shame until the Italians back immediate sanctions."
The EU also banned European banks from opening credit lines for oil sales, and prohibited insurance companies from insuring the cargos. In addition to the embargo, four more Syrian individuals and three entities were added to a list of those facing an EU asset freeze and travel ban. The United Nations said at least 2,200 people had been killed since the uprising began in March. It has been impossible to verify claims on either side since Syria has banned the international media from the country.
It is understood that diplomats in Europe and the US, while publicly calling for the Damascus government to be ousted, are concerned that the opposition is not unified and would not be able to form a government to replace it.
European oil companies have backed the Assad regime to survive the uprising and have continued to buy Syrian crude oil and sell refined products. One such company, Vitol, was reported earlier this week to have supplied Libya's rebels with fuel.
Sources close to Royal Dutch Shell denied a Reuters report on Thursday that one of its tankers, the Neverland Star, was preparing to dock in the Syrian port of Banias over the weekend, but did not rule out trading with Syria in the future, if permitted to do so by international law.
Mark Eadie, head of corporate affairs at energy and commodities trader Trafigura, refused to comment on reports that it is expected to deliver a cargo of gasoline to the country in the coming days, saying the company "does not discuss current deals" Mr Eadie added that Trafigura complied with international law.
The French Foreign Minister, Alain Juppé, said yesterday that France was trying to develop stronger links with the Syrian opposition movement and that France is aiming to have a new UN Security Council resolution to "explicitly condemn the use of violence against the population and organise a sanctions regime."
- 1 Brazil rocked by abortion for 9-year-old rape victim
- 2 News in pictures
- 3 Four Britons face death by firing squad after 'smuggling cocaine into Bali'
- 4 The 'suburban smuggler' facing death penalty in Indonesia
- 5 Vatileaks: Hunt is on to find Vatican moles
- 6 In pictures: The bewildering face of China
- 7 Help me decide future of press, Leveson asks Blair
- 8 Osborne's got it wrong on the economy, warns public
- 9 British housewife could face death penalty over Bali cocaine smuggling
- 10 Hague sent packing by Russia as Annan peace plan crumbles
- 1 Robert Fisk: Clinton's $33m raid on Pakistan shows that, in the end, hypocrisy will win
- 2 Brazil rocked by abortion for 9-year-old rape victim
- 3 Robert Fisk: The West is horrified by children's slaughter now. Soon we'll forget
- 4 Richard Benyon: The bird-brained minister
- 5 Sex in dressing rooms and Play School presenters 'stoned out of their minds' - inside BBC Television Centre
- 6 Fat? Really? Olympic hope laughs off official’s jibe – but others aren’t amused
- 7 'Hello mum, this is going to be hard for you to read ...'
- 8 Alien: The monster returns?
- 9 Coke reveals its secret: It may need to carry a cancer warning
- 10 French in uproar over oral sex anti-smoking posters
Experience the Heineken Hub
Get free wi-fi and exclusive i content while you enjoy a tasty pint of Heineken at participating pubs.
Can you imagine a career in teaching?
Be inspired to teach - let real teachers show you how rewarding the job can be.
Playing a game-changing role during the Games
Cisco is providing the solutions for London 2012's complex IT needs.
Enter the latest Independent competitions
Win anything from gadgets to five-star holidays on our competitions and offers page.
Business videos from commercial thought leaders
Watch the best in the business world give their insights into the world of business.
Career Services
Day In a Page



Comments