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Turkey to freeze Syrian President's assets

Türkiye Materials 1 October 2011 16:33 (UTC +04:00)

Azerbaijan, Baku, Oct. 1 / Trend, A.Tagiyeva /

The Turkish authorities decided to freeze all assets of Syrian President Bashar al-Assad and his family within the sanctions imposed by Turkey against Assad's regime, CNN Turk TV channel said on Saturday.

Moreover, several people close to Assad's regime will be banned from entering Turkey.

According to the reports, several Syrian businessmen have big assets in Turkey.
Moreover, the amount of President Assad's capital in Turkey exceeds $450-500 million.

Syrian authorities have announced the suspension of all imports from Turkey after Sept. 25 based on Prime Minister Adil Safar's order.

This decision also nullifies the agreement to import goods from Turkey to Syria worth $1.152 million.

Earlier, Turkish Prime Minister Recep Tayyip Erdogan said that his country's "patience has ended" due to developments in Syria, calling on President Bashar al-Assad to stop the violence in the country and resign.

Last week, the EU announced its intention to apply a new package of sanctions against Syria, which includes a ban on investment toward Syria's oil sector, international bank lending provisions, acquisition and expansion of a stake in Syrian companies, as well as the joint venture.

Mass protests in Syria began in mid March in Dera'a, the country's south, then spreading to other regions. According to Syria's Presidential Adviser Bouthaina Shaaban, 1,400 people died. Half of those dead were members of the army and security forces. According to the UN, there are 3,600 people dead.

The opposition is demanding the resignation of Syria's President Asad and seeking political reforms. The regime's opponents have formed a Transitional National Council to form an oppositional body of power.

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