Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > EU considers 'staged approach' to suspending Syria sanctions
    Headlines

    EU considers 'staged approach' to suspending Syria sanctions

    Published by Global Banking & Finance Review®

    Posted on January 20, 2025

    2 min read

    Last updated: January 27, 2026

    Image depicts EU foreign ministers meeting to discuss a gradual suspension of sanctions on Syria, focusing on supporting the country's transition while retaining leverage. Key topics include humanitarian aid and reconstruction efforts.
    EU foreign ministers discussing sanctions on Syria - Global Banking & Finance Review
    Tags:humanitarian aidfinancial stabilityeconomic growth

    Quick Summary

    The EU is considering a phased suspension of Syria sanctions to aid its transition while keeping some leverage. Key discussions are set for Jan. 27.

    EU considers 'staged approach' to suspending Syria sanctions

    By Lili Bayer

    BRUSSELS (Reuters) - The European Union is considering a step-by-step suspension of multiple economic sanctions targeting Syria as it seeks to support the country’s transition, while retaining some leverage, according to two internal documents seen by Reuters.

    EU foreign ministers are expected to discuss suspending some Syrian sanctions during a meeting in Brussels on Jan. 27.

    European capitals began reassessing their Syria policies after the ousting of president Bashar al-Assad by insurgent forces led by the Islamist Hayat Tahrir al-Sham (HTS) that the United Nations designates a terrorist group.

    The documents, produced by the bloc’s foreign policy arm ahead of the ministers’ meeting, outline options for supporting Syria’s transition and a roadmap for easing sanctions.

    “Broad consensus has emerged among EU member states on the need to ease the EU’s sanctions framework in order to send a positive signal of support to the transition and new authorities,” according to the proposed roadmap.

    “At the same time, several EU MS (member states) have urged for prudence and maintaining some leverage vis-à-vis the new authorities, in case things do not evolve as hoped,” it said, adding that “a staged approach should be employed”.

    A political agreement could be announced at the Jan. 27 meeting.

    EU sanctions include bans on oil imports from Syria, as well as a ban on investment in the Syrian oil industry and a freeze on any Syrian central bank assets in the EU.

    The proposed roadmap indicates some existing sanctions, including those related to arms and entities linked to the Assad regime, would not be suspended.

    Options for supporting Syria mentioned in the paper on EU efforts include boosting humanitarian aid, gradually supporting reconstruction and considering allowing Syrian refugees residing in Europe to travel back and forth during a transition period.

    Six EU member states - Denmark, Finland, France, Germany, Spain and the Netherlands – called earlier this month for the bloc to temporarily suspend sanctions on Syria in areas including transport, energy and banking.

    (Reporting by Lili Bayer; editing by Barbara Lewis)

    Key Takeaways

    • •EU considers a phased suspension of Syria sanctions.
    • •Focus on supporting Syria's transition while retaining leverage.
    • •Discussion scheduled for EU foreign ministers on Jan. 27.
    • •Some sanctions, like arms bans, will remain.
    • •Six EU countries advocate for temporary suspension in key sectors.

    Frequently Asked Questions about EU considers 'staged approach' to suspending Syria sanctions

    1What is the EU considering regarding sanctions on Syria?

    The European Union is considering a step-by-step suspension of multiple economic sanctions targeting Syria to support the country's transition.

    2When will EU foreign ministers discuss the sanctions?

    EU foreign ministers are expected to discuss suspending some Syrian sanctions during a meeting in Brussels on January 27.

    3What types of sanctions are included in the EU's current framework?

    EU sanctions include bans on oil imports from Syria, a ban on investment in the Syrian oil industry, and a freeze on any Syrian central bank assets in the EU.

    4What options for supporting Syria are mentioned in the EU documents?

    The documents outline options such as boosting humanitarian aid, gradually supporting reconstruction, and considering allowing Syrian refugees residing in Europe to return.

    5Which EU member states called for a temporary suspension of sanctions?

    Six EU member states—Denmark, Finland, France, Germany, Spain, and the Netherlands—called for the bloc to temporarily suspend sanctions on Syria in various areas.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    Image for Rugby-Ford shines as England overwhelm dismal Wales
    Rugby-Ford shines as England overwhelm dismal Wales
    Image for Soccer-Arsenal go nine points clear, Man Utd win again under Carrick
    Soccer-Arsenal go nine points clear, Man Utd win again under Carrick
    Image for Former French minister Lang resigns from Arab World Institute over Epstein ties
    Former French minister Lang resigns from Arab World Institute over Epstein ties
    Image for Hooded protesters throw flares at police at end of demonstration in Olympic host city Milan
    Hooded protesters throw flares at police at end of demonstration in Olympic host city Milan
    Image for Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Image for Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Image for Thousands protest in Berlin in solidarity with Iranian uprisings
    Thousands protest in Berlin in solidarity with Iranian uprisings
    Image for Farmers report 'catastrophic damage to crops as Storm Marta hits Spain and Portugal
    Farmers report 'catastrophic damage to crops as Storm Marta hits Spain and Portugal
    Image for France opens probe against ex-culture minister lang after Epstein file dump
    France opens probe against ex-culture minister lang after Epstein file dump
    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Suspected saboteurs hit Italian rail network near Bologna, police say
    Suspected saboteurs hit Italian rail network near Bologna, police say
    Image for Police fire water cannon at protesters hurling smoke bombs in Olympic host Milan
    Police fire water cannon at protesters hurling smoke bombs in Olympic host Milan
    View All Headlines Posts
    Previous Headlines PostBritain to launch investigation into murders of three girls in Southport
    Next Headlines PostRussia's budget deficit widens to $34.4 billion after late spending spree