(MENAFN) Switzerland tightened economic sanctions on Syria by adding further 35 names, and 16 companies and institutions to the black list, KUNA reported.
The Federal Department of Economic Affairs stated that it included the Syrian Minister of Finance Mohammad Al- Aljalilati, Minister of Economy and Commerce Mohammad Nedal Al-Sha'ar, along with 33 army figures, and branches of the intelligence services, to the black list as the Swiss authorities believe to be involved in crimes against civilians.
Swiss Federal Council in May decided to ban all military cooperation with the country, and all commercial transactions, as well as freezing around USD50 million in deposits.
The list of banned companies included institutions working in the field of oil, like Alba Petroleum Ltd, and General Petroleum among other companies.
The list of banned banks included the Syrian Lebanese Commercial Bank, and the Agricultural Cooperative Bank, along with other companies in the field of electronic engineering industries.
The list included also Syria's Al-Watan newspaper, and Al-Sham TV due to their alleged role in misleading public opinion and inciting violence against demonstrators.
The list includes 108 figures, topped by Syrian President Bashar Al-Asad, and his family members, relatives besides senior government officials, army intelligence and security officers, as well as 38 companies and institutions.