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7/31/2021

Joint Statement by Secretary Janet L. Yellen and Secretary Antony J. Blinken Welcoming the EU Sanctions Regime on L…

Joint Statement by Secretary Janet L. Yellen and Secretary
Antony J. Blinken Welcoming the EU Sanctions Regime on
Lebanon
July 30, 2021

The United States welcomes the EU’s adoption today of a new sanctions regime to promote
accountability and reform in Lebanon. As an increasing number of Lebanese su er from the
country’s worsening economic crisis, it is critical that Lebanese leaders heed their people’s
repeated calls for an end to widespread corruption and government inaction and form a
government that can initiate the reforms critical to address the country’s dire situation.
Sanctions are intended, among other things, to compel changes in
behavior, and promote accountability for corrupt actors and leaders who have engaged
in malign behavior. We welcome the EU’s use of this powerful tool to promote accountability
on a global scale. The United States looks forward to future cooperation with the EU in our
shared e orts.
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https://home.treasury.gov/news/press-releases/jy0300

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