
Article 1 
The following article is inserted in Regulation (EU) No 442/2011:
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Article 3d 
The European Investment Bank (EIB) shall:

((a)) be prohibited from making any disbursement or payment under or in connection with any existing loan agreements entered into between the State of Syria or any public authority thereof and the EIB;
((b)) suspend all existing Technical Assistance Service Contracts relating to projects financed under the loan agreements referred to in point (a), and which are intended for the direct or indirect benefit of the State of Syria or any public authority thereof to be performed in Syria.'.
Article 2 
Annex II to Regulation (EU) No 442/2011 is amended in accordance with the Annex to this Regulation.
Article 3 
This Regulation shall enter into force on the day of its publication in the Official Journal of the European Union.
This Regulation shall be binding in its entirety and directly applicable in all Member States.Done at Brussels, 14 November 2011.
For the Council
The President
C. ASHTON
ANNEX

The entry for Nizar AL-ASSAAD in Annex II to Regulation (EU) No 442/2011 is replaced by the following:

 Name Identifying information Reasons Date of listing
‘38. Nizar Al-Assad() Cousin of Bashar Al-Assad; previously head of the company “Nizar Oilfield Supplies”. Very close to key government officials. Financing Shabiha in the region of Latakia. 23.08.2011’
