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Syrian Company For Metals And Investments LLC

On the SDN listEntityPAARSSR-EO13894

Syrian Company For Metals And Investments LLC (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Program: PAARSSR-EO13894. Addresses on file in: Syria. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

Syria has 113 entities, vessels or aircraft with an address on the SDN list, ranking #16 among all countries. Other sanctioned entities with an address in Damascus are listed below.

Sanctions program

Syria and regional stability (Executive Order 13894) PAARSSR-EO13894

October 2019 order targeting those who threaten peace, security or stability in Syria, and the basis of the regulations on accountability for the Assad government.

Addresses on file

  • Damascus, Syria

OFAC remarks

Organization Established Date 22 Oct 2018; Organization Type: Wholesale of metals and metal ores; Linked To: BIN ALI, Khodr Taher.

Other sanctioned entities in Damascus

Sharing a city does not imply any link between these entities.

Frequently asked questions

What does it mean that Syrian Company For Metals And Investments LLC is on the SDN list?

It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.

Can a non-U.S. company do business with Syrian Company For Metals And Investments LLC?

OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.

How does an entity get removed from the SDN list?

A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.

More context: how to check if a company is debarred or sanctioned.