Obama signs sanctions against Syria

The new order will freeze all the assets of the government of Syria in the United States. Further, it will not be able to export petroleum or petroleum products to United States.

In wake of the persistent increase in violence against the people of Syria, the order “reflects the commitment” of the U.S. administration to ensure that any assets of the Syrian government which are subject to U.S. jurisdiction should not be used to finance the Syrian regime’s campaign of violence against the citizens.

Treasury Secretary Tim Geithner said, “The President took decisive action today to add force to his call for Bashar al-Asad to step down by imposing far-reaching sanctions targeting the entire Government of Syria and its energy sector.

“This Order strikes at a crucial revenue stream for Syria’s government and, together with our continuing targeted sanctions, will disrupt the Asad regime’s ability to finance its campaign of violence against the Syrian people”.

The order will exert financial pressure on Syria. Even the U.S. citizens have been asked not to indulge in any kind of transaction with Syria's government.