Republican Representative Edward Royce, chairman of the House Foreign Affairs Committee -- along with other Republican and Democratic Representatives and Senators -- presented different versions of legislation to increase sanctions on the Lebanese armed group Hezbollah, in order to crack down on Iran.

The bill will increase the pressure on banks that provide financial support to Hezbollah and its affiliated associations and media groups. People suspected of supporting the Lebanese armed group will be banned from entering the United States. The bill will also target Hezbollah's 11 members of the Lebanese Parliament along with its two ministers in the Lebanese

Lebanon: Prime Minister meets Trump, seeking to alleviate sanctions on Hezbollah

Lebanese officials have been worried that American sanctions on Hezbollah will be of very bad influence on the Lebanese economy, especially the financial sector.

Lebanese Prime Minister Saad Hariri met with U.S. President Donald Trump in order to ask for the American sanctions not to be a threat to the country's fragile economy.

Hariri also asked for support to the Lebanese Army that is fighting ISIS and Al-Qaeda affiliated groups on the Lebanese Eastern borders. In a joint press conference with Hariri in the Rose Garden at the White House, Trump promised to take a clear stance about the sanctions on Hezbollah, but until now he did not address the issue.

Lebanon: Nasrallah dismisses sanctions, considering they have "no effect"

Hezbollah's Secretary General Sayyid Hassan Nasrallah disapproved the new American law, considering it "an attack on Lebanese sovereignty." Nasrallah declared that the sanctions will not have any impact on Hezbollah, claiming that the group is not funded by Lebanese banks but by the Islamic Republic of Iran.

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The small Middle Eastern country is in a very misfortunate situation. In the middle of the Syrian Turmoil, Lebanon is continuously threatened by terrorism. The Lebanese Army and security forces are working tirelessly to eliminate ISIS and Al-Qaeda linked groups within the country, in addition to fighting these groups on the Syrian borders.

The economy is exhausted by the presence of around two million Syrian refugees in the 4,035.5 square-mile state. Diplomatic tensions between neighboring countries often put Lebanese diplomacy in an awkward situation, trying to maintain balanced relations with everyone.