Russia seeks UN ban on oil trade with terrorists in Syria

Russia seeks UN ban on oil trade with terrorists in Syria
Wed Jul 2, 2014 09:24:58

Russia has urged UN Security Council members to back a draft statement that would bar crude oil sales by terrorist groups in Syria, including the Islamic State of Iraq and the Levant (ISIL).

The text voices the council’s concern at oil fields in Syria being seized by militants, and cites ISIL and the Nusra Front.

The draft statement, which could be discussed in the coming days, would have to be adopted unanimously by all 15 council members. As a statement, it is also less binding than a council resolution.

The Russian-backed measure “strongly condemns any engagement in direct or indirect trade of oil from Syria involving terrorist groups, and reiterates that such engagement constitutes financial support for entities designated by the Security Council 1267/1989 Committee as terrorist.”

Such a designation could include groups under UN sanctions.

The text further “encourages all member states to take necessary measures to prevent their nationals and entities and individuals in their territory from engaging in any commercial and financial transactions with respect to crude oil in Syria in the possession of non-state actors or sold by them.”

“One of the sources of financing of terrorists in the Middle East is the illegal sale of oil and various countries are buying through intermediaries,” Russia’s UN Ambassador Vitaly Churkin told reporters.

“We know that terrorist organizations are doing illegal oil trading from the territories of both Syria and Iraq,” he said, adding that because “it is a terrorist organization, those who are buying this oil are financing terrorism.”


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