EU Extends Sanctions on ISIS and al-Qaida Networks for Another Year
The European Union has prolonged its restrictive measures against ISIS, al-Qaida and associated individuals and groups for an additional year.
On Monday, the Council of EU member-state governments approved a further twelve-month extension of the bloc's sanctions regime aimed at the Islamic State, al-Qaida and their affiliates. The updated list includes 15 designated individuals and eight organisations, whose assets in the EU will be frozen and whose members are denied entry to the territory. In addition, EU nationals and companies are barred from supplying money or economic resources to any of the listed entities.
These measures reinforce the United Nations Security Council's existing restrictions on the same groups. The EU reiterated its commitment to combat the ongoing terrorist threat posed by these organisations and their regional partners, as well as to act against those who finance, plan or disseminate terrorist propaganda worldwide.
Why it matters
The extension tightens financial pressure on global terrorist networks, aiming to curb their operations and funding.
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