Syria shrugs off sanctions

Middle East News
07-09-2011 | 10:54
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Syria shrugs off sanctions
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Syria shrugs off sanctions
Syria plans to sell the oil European customers cannot take under a new EU import ban to Russia or China and will be unharmed by western sanctions as long as its own energy needs are met, Syria's finance minister said on Wednesday.    

The European Union, which buys nearly all Syria's exported oil, has banned Syrian oil imports to pressure President Bashar al-Assad to end his violent crackdown on anti-government protests but still allows fuel sales to Syria.    

"The sanctions will not hurt Syria, Syria will remain standing on its own two feet... There is no problem as long as our local needs are secure," Syrian Finance Minister Mohammad al-Jleilati told Reuters in Abu Dhabi.

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