With more US sanctions imposed on individuals, what if someone is a victim of these sanctions in Lebanon.
Below is the transcription of brief appearance on MTV Lebanon news.
With the imposition of more US sanctions on individuals. What if someone is a real victim of these sanctions? This following report tells us more about that. We can’t talk about US economic sanctions without mentioning the Office of Foreign Assets Control of the U.S. Treasury Department, which is known as OFAC. This office manages the sanctions programs imposed on certain entities, whether they were states, institutions or individuals. United States has a major enemy in Lebanon, which is Hezbollah that is included on the black list. OFAC has already listed several names of prominent leaders or supporters But sometimes, it includes names who have no economic relationship or any activities with the party. How can these people prove the opposite to the American authorities?
Atie J El Mouallem
Sanctions involve people who are called as collaborators. If a person has all the legal requirements that support his innocence. In this case, he will be acquitted. Because US courts have the foundations of independence and impartiality.
In United States midterm election, Republicans try to keep the majority in Congress.And they fully agree with Trump’s tough policy toward Iran. This means that we will not see a radical change in the sanctions against Hezbollah. Especially that a draft has already handed over revealing the inclusion of allies and sympathizers of the party to the black list.
Atie J El Mouallem
According to United States Department of the Treasury, this a law. It is under study. We don’t know if it will be applied or not. But this should not cause panic to this extent. All sanctions, no matter what they are, affect the economy in one way or another
But in my opinion, if the US sanctions occurred, we are a heavily fortified banking sector.
US economic embargo policy has not yet succeeded in hitting the financial system of Hezbollah. Because of that, Meetings in United States Department of the Treasury continue to find a way with effective results without involving the Lebanese economy or names not related to Hezbollah.