Libya: EU extends restrictive measures to key financial entities

The funds and economic resources of the five designated entities will be frozen and an additional name will be added to the list of 26 individuals deemed responsible for the violent crackdown on the civilian population since 15 February and subject to an assets freeze. In legislation adopted on 28 February and 2 March 2011, the Council banned the supply to Libya of arms, ammunition and related material, prohibited trade with Libya in equipment which might be used for internal repression and imposed a visa ban and an assets freeze on 26 individuals, including Muammar Qadhafi, members of his family and close associates. These restrictive measures both implemented and went beyond the UN measures. Today's decisions will be published in the Official Journal of the European Union on Friday, 11 March.