Sanctions Profile: Turkey

At a glance

The EU adopted a new sanctions regime in November 2019 in response to Turkey’s oil and gas drilling activities in the Eastern Mediterranean sea.

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News

Third countries align with EU Turkey & Belarus sanctions

Turkey On 27 February 2020, the EU Council adopted Decision (CFSP) 2020/275, which imposed sanctions on 2 Turkish nationals on the basis of their involvement in unauthorised drilling activities in the Eastern Mediterranean Sea (see post). North Macedonia, Montenegro, Albania, Iceland, and Armenia have aligned themselves with this decision. Press release here. Belarus On 17 February 2020, the Council adopted …

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EU imposes sanctions on 2 Turkish nationals

The EU Council has imposed a travel ban and asset freezing measures on 2 executives of the Turkish Petroleum Corporation (TPAO) on the basis that they are responsible for the planning/directing/implementing of unauthorised offshore hydrocarbon exploration activities in the eastern Mediterranean. Press Release. The individuals: Mehmet Ferruh Akalin, the Vice-President and member of the Board of Directors of TPAO, and …

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Halkbank agrees to appear in Iran sanctions evasion proceedings

Turkey’s state-owned Halkbank has agreed to appear in the District Court for the Southern District of New York to challenge an indictment issued in October over the bank’s alleged conspiracy to circumvent US sanctions against Iran by facilitating a $20 billion oil for gas scheme. Halkbank had previously refused to enter a plea in response to the charges on the …

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Dept for Intl Trade removes Yemen, Lebanon & Turkey from some OGEL lists

The Department for International Trade and the Export Control Joint Unit have published changes to the list of permitted destinations on a number of open general export licences (OGELS). See Notice. Yemen and Lebanon have been removed as permitted destinations on a number of OGELs. Turkey has been removed from the OGEL (military components) list. The Italian continental shelf has …

YemenYemen LebanonLebanon TurkeyTurkey

Third countries align with EU Turkey, ISIL (Da’esh) and DRC sanctions

Turkey On 11 November 2019, the Council adopted Decision (CFSP) 2019/1894, which established a sanctions framework to impose targeted sanctions against Turkey in response to unauthorised hydrocarbon exploration and production in the Eastern Mediterranean sea (see post). North Macedonia, Montenegro, Serbia, Albania, and Iceland have aligned themselves with this decision. Press release here. ISIL (Da’esh) and Al-Qaeda The Council adopted …

TurkeyTurkey Democratic Republic of the CongoDemocratic Republic of the Congo TerrorismTerrorism

Current Sanctions

EU

Consolidated

Council Regulation (EU) 2019/1890

Parent

Council Regulation (EU) 2019/1890

Council Implementing Regulation (EU) 2020/274

Parent

Council Decision (CFSP) 2019/1894

Council Decision (CFSP) 2020/275