EU Lifts Economic Sanctions on Syria After Decade
EU Lifts Economic Sanctions on Syria After Decade

EU Lifts Economic Sanctions on Syria After Decade

News summary

The European Council has officially lifted broad economic sanctions on Syria, removing restrictions on 24 entities and sectors vital to the country's reconstruction, while maintaining targeted sanctions on individuals and groups linked to the Assad regime until at least 2026. This policy shift aims to support Syria's recovery and a political transition toward reconciliation and stability, as emphasized by EU Foreign Policy Chief Kaja Kallas. Despite easing economic sanctions, the EU has imposed new sanctions under its Global Human Rights Sanctions Regime against individuals and entities responsible for severe human rights violations, signaling continued vigilance. The International Organization for Migration welcomed the sanctions relief, highlighting its potential to unlock over $15 billion in assets and investments critical for humanitarian recovery and the voluntary return of displaced Syrians. The EU's approach reflects a balance between encouraging economic rebuilding and maintaining pressure for accountability and democratic progress in Syria. This development may have significant regional and international implications by fostering political engagement and economic cooperation.

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