US, Gulf Arab states place sanctions on Hezbollah leadership

May 17, 2018
US, Gulf Arab states place sanctions on Hezbollah leadership
US, Gulf Arab states place sanctions on Hezbollah leadership

The United States and six Gulf Arab states announced sanctions Wednesday on the leadership of Hezbollah, as Washington seeks to step up economic pressure on Iran and its allies in the region.

The US and Saudi-led Terrorist Financing and Targeting Center said the sanctions were aimed at Hezbollah’s Shura Council, the powerful Lebanese militia’s decision-making council, led by the Shiite group’s secretary-general Hassan Nasrallah.

Nasrallah, Hezbollah Deputy Secretary General Naim Qasim, and three other Shura Council members were listed under the joint sanctions, which aim at freezing vulnerable assets of those named and blocking their access to global financial networks.

At the same time, the six Gulf members of the TFTC — Saudi Arabia, Bahrain, Kuwait, Oman, Qatar, and the United Arab Emirates — declared sanctions on another nine individuals and firms part of or linked to Hezbollah that were already blacklisted by the US Treasury.

It was the second time the year-old TFTC came together to announce sanctions on groups they call threats to regional peace.

Source : News Agencies

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