Lebanese President, US Ambassador Discuss New Sanctions

Lebanese President Michel Aoun. File photo
Lebanese President Michel Aoun. File photo
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Lebanese President, US Ambassador Discuss New Sanctions

Lebanese President Michel Aoun. File photo
Lebanese President Michel Aoun. File photo

Lebanese President Michel Aoun has discussed with US Ambassador Dorothy Shea a wave of new tighter US sanctions on Syria, a diplomat told Asharq Al-Awsat.

Shea on Thursday handed Aoun a letter that includes the text of the US Caesar Syria Civilian Protection Act, which takes effect later this month, the diplomat said.

Shea stressed to the Lebanese president that the new law is on Syria, saying her country continues to back Lebanon, the source added.

The ministers of foreign affairs, information, economy and justice and their director generals, in addition to Central Bank Governor Riad Salameh, met on Thursday to discuss the Caesar Act’s repercussions on Lebanon.

One of the conferees described the meeting as "consultative."

The Caesar Act targets companies dealing with Damascus. The sanctions are expected to worsen the already dire economic situation in Syria.

Syria's economy has been battered by nine years of war compounded by a financial crisis in Lebanon, which had served as a conduit to bring dollars into regime-held areas despite international sanctions.



Libya Signs Geological, Geophysical MoU with Türkiye on Offshore Areas, NOC Says

Man waving the Libyan flag - File Photo/AFP
Man waving the Libyan flag - File Photo/AFP
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Libya Signs Geological, Geophysical MoU with Türkiye on Offshore Areas, NOC Says

Man waving the Libyan flag - File Photo/AFP
Man waving the Libyan flag - File Photo/AFP

Libya's National Oil Company (NOC) had signed a memorandum of understanding with Turkish state oil company TPAO to conduct a geological and geophysical study of four offshore areas, NOC said on Wednesday, Reuters reported.

"Discussions were also held regarding conducting a two-dimensional seismic survey (10,000 km long), and processing the data resulting from these surveys within a period not exceeding 9 months," Libya's state oil firm said in a statement.

NOC said the agreement was signed in Istanbul by the two companies' executives. It provided no further details.