U.S. Imposes Financial Restrictions on Syrian Institutions for Weapons Proliferation

[VOA News] The U.S. Treasury Department Thursday imposed financial restrictions on three Syrian institutions suspected of proliferating weapons of mass destruction. The Higher Institute of Applied Science and Technology, the Electronics Institute, and the National Standards and Calibration Laboratory were targeted because of their affiliation with the previously designated Scientific Studies and Research Center. A treasury official, Stuart Levey, said Syria is using official government organizations to develop unconventional weapons and the missiles to deliver them. The Treasury Department has the power to freeze any bank accounts or financial assets belonging to the designated entities in the U.S.


2007-01-05 01:00:00

Full Article

BACK

Visit the Daily Alert Archive