Comments on the Caesar Act in The National, 27 Jun 2020

28 June, 2020
Download PDF
read 1 minute

Dr. Nasser Saidi’s comments on the Caesar Act appeared in the article titled “Lebanon braces for ‘pain’ of Caesar Act amid financial meltdown” in The National’s 27th June 2020 edition. The comments are posted below.
 
Because of the close historical ties between Lebanon and Syria, the law will make business between the two countries “more problematic and expensive” and “hurt Lebanon”, said Nasser Saidi, a former vice-governor of Lebanon’s central bank.
The Caesar Act provides for secondary sanctions, which significantly widens its scope, he said.
“In other words, they are imposing sanctions on Syrian entities and business people and also on the people who deal with them,” Mr Saidi told The National.
Should the US decide to impose sanctions against the Syrian central bank, transactions inside the country “would be highly complicated”, said Mr Saidi.

Read Next

TV and radio

Interview with Al Arabiya (Arabic) on US inflation & upcoming Fed hike, 12 Jun 2022

In this interview with Al Arabiya aired on 12th June 2022, Dr. Nasser Saidi discusses

13 June, 2022

TV and radio

Bloomberg Daybreak Middle East Interview, 3 Jun 2022

Aathira Prasad joined Yousef Gamal El-Din and Manus Cranny on 3rd of June, 2022 as

6 June, 2022

MENA Economics

Comments on UAE’s industrial partnership with Egypt & Jordan, The National, 2 Jun 2022

Dr. Nasser Saidi’s comments (posted below) on UAE’s industrial partnership with Egypt & Jordan appeared

3 June, 2022