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by thenationalnews.com — Joyce Karam — The US is considering a broad set of options to respond to the unprecedented crisis in Lebanon, including sanctions on corrupt figures, sending cash and non-perishable aid to the Lebanese Army and directing humanitarian assistance to non-governmental organisations. In a joint statement released on Friday by the US Secretaries of State and Treasury, Antony Blinken and Janet Yellen, the Biden administration welcomed the EU’s adoption of a new sanctions regime. “As an increasing number of Lebanese suffer from the country’s worsening economic crisis, it is critical that Lebanese leaders heed their people’s repeated calls for an end to widespread corruption and government inaction and form a government that can initiate the reforms critical to address the country’s dire situation,” the joint statement read. “The United States looks forward to future co-operation with the EU in our shared efforts.”
On Friday, the EU announced it had adopted a framework for sanctions that would focus on corrupt figures and “persons and entities who are responsible for undermining democracy or the rule of law” in Lebanon. With Lebanon experiencing a power vacuum, rampant fuel and medicine shortages, and with the local currency in a free fall, President Joe Biden’s administration finds itself forced to think outside the box to manage the situation and prevent the country from becoming a failed state. The threat of sanctions, one Arab diplomatic source said, is aimed at both speeding up the government formation and showing a US-EU united front on the issue. This week, Lebanese business tycoon Najib Mikati became the third prime minister-designate to attempt to break the year-long paralysis in forming a government. US officials have dealt with Mr Mikati before, when he served as prime minister in 2005 and 2011, and are privately welcoming the pick. But publicly, the US is withholding judgment.



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