The United Kingdom has on Tuesday set rules for companies and banks considering investing in Syria. These measures are aimed at tightening control over financial flows into the country, which is under international sanctions. The UK government emphasizes the importance of preventing the funding of activities that could contribute to the continuation of the conflict or human rights violations. Companies and banks are required to conduct thorough due diligence on their investments and ensure they comply with established norms. The new rules require them to provide detailed information about planned operations and their potential impact on the situation in Syria. "We will not allow the UK's financial system to be used to support a regime responsible for the suffering of the Syrian people," a government official stated. These measures are part of broader efforts to isolate the Syrian government and pressure it into achieving a political settlement to the conflict.
UK Sets Rules for Investments in Syria
The UK government has introduced new rules for companies and banks planning to invest in Syria to prevent funding activities that fuel the conflict.