The European Union has approved the lifting of economic sanctions on Syria, opening the door for potential financial assistance and investments in the war-torn country.
Following a preliminary agreement among ambassadors of the EU’s 27 member states, the official announcement is expected to be made later today during a meeting of EU foreign ministers in Brussels.
This move comes shortly after a similar decision by the United States, which eased some sanctions on Syria last week.
“First of all, this is an acknowledgment that the EU recognizes the current authority in Syria, and that more financial transactions are needed to pave the way for financial stability and improved living conditions for the Syrian people,” stated Hashem Ahelbarra of Al Jazeera.
The revised sanctions framework will soon allow broader financial transactions and investments aimed at stabilizing the Syrian economy and improving the population’s living conditions.
Crucially, this EU decision mirrors the U.S. shift and could significantly contribute to restoring basic livelihoods and financial stability in Syria.
However, these measures remain conditional: sanctions could be reinstated if the Syrian authorities fail to uphold commitments regarding minority rights and the country’s transition toward democracy.
