CHAPTER IIIRESTRICTIONS ON PARTICIPATION IN INFRASTRUCTURE PROJECTS

Article 12

1.

It shall be prohibited:

(a)

to sell, supply, transfer or export equipment or technology to be used in the construction or installation in Syria of new power plants for electricity production, as listed in Annex VII;

(b)

to provide, directly or indirectly, financial or technical assistance in relation to any project referred to in point (a).

2.

This prohibition shall not apply to the performance of an obligation required by a contract or agreement which was concluded prior to 19 January 2012, provided that the person or entity seeking to rely on this Article has notified, at least 21 calendar days in advance, the competent authority of the Member State in which they are established, as identified on the websites listed in Annex III.