Headlines
EU lifts economic sanctions on Syria
Published by Global Banking & Finance Review®
Posted on May 28, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on May 28, 2025
1 min readLast updated: January 23, 2026
The EU has lifted economic sanctions on Syria to support its recovery, maintaining some restrictions and introducing new ones against violence instigators.
BRUSSELS (Reuters) - The European Union lifted economic sanctions on Syria on Wednesday in an effort to support the country's transition and recovery after the toppling of former president Bashar al-Assad.
The move follows a political agreement reached last week by EU foreign ministers to lift the sanctions.
The EU will keep sanctions related to Assad's government and restrictions based on security grounds, while also introducing new sanctions against individuals and entities connected to a wave of violence in March, the Council said.
"The Council will continue monitoring developments on the ground and stands ready to introduce further restrictive measures against human rights violators and those fueling instability in Syria," it added.
(Reporting by Lili Bayer. Editing by Bart Meijer and Sharon Singleton, William Maclean)
The European Union lifted economic sanctions on Syria to support the country's transition and recovery following the toppling of former president Bashar Assad.
The EU will maintain sanctions related to Assad's government and those based on security grounds, while introducing new sanctions against individuals and entities linked to violence.
The Council will continue to monitor developments on the ground and is prepared to implement further restrictive measures against human rights violators and those causing instability in Syria.
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