New US sanctions target Libyan smugglers


A new round of US sanctions targets Libyan smugglers to block the unauthorized exploitation of natural resources in the North African country, according to a new report by Reuters.

The US treasury department announced new rules on Monday, activating the Office of Foreign Assets Control (OFAC) to sanction six individuals, 24 companies and seven vessels to keep American firms from interacting with the smuggled goods in US jurisdictions.’

source: https://www.rt.com/business/419942-us-sanctions-libyan-smugglers/

Author: Rayan M

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