Syria’s trade and business sectors are already suffering from earlier sanctions and months of unrest. The country’s once-lucrative tourism industry is essentially ruined, and trade with the European Union is down significantly. Syria once sold 90 percent of its crude oil to E.U. countries.
On Thursday, the E.U. is set to impose the latest of several rounds of sanctions, directly affecting Syria’s oil industry and telecommunications sector and targeting a number of individuals, in addition to officials already listed.
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