Changes to proposed US anti-Hezbollah sanctions allay Lebanon's fears
None
BEIRUT – Proposed tighter US sanctions on Hezbollah have been altered enough to allay fears of major damage to Lebanon's economy, a sign Washington is taking concerns about Lebanese stability seriously, banking and political sources said.
Banking figures also said Lebanese authorities should nevertheless not be complacent as US President Donald Trump's future stance on Iran and its allies cannot be predicted, and the bill won't be discussed and voted on until autumn when Congress reconvenes.
When drafts said to be US plans for extended anti-Hezbollah legislation circulated in Lebanon earlier this year, local media warned of dire consequences for Lebanon's fragile economy and fractious sectarian politics.
