EU lifts economic sanctions on Syria
Tweet
Share
E-mail
FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium March 18, 2025. REUTERS/Yves Herman/File Photo
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)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Exclusive-ZTE among Chinese firms licensed to purchase Nvidia's H200 chips, documents show
- S&P 500 and Nasdaq open higher as CPI, bank earnings take focus
- CPI comes in cool, soothing markets
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
