EU goes the removing of financial sanctions to Syria | EUROtoday

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“The EU Council has adopted the legal documents that revoke all the restrictive measures of an economic nature towards Syria, with the exception of those based on security reasons. Adoption formalizes the political decision announced on May 20 and aims to support the Syrian people in the process of reunification and reconstruction of a new, inclusive, pluralistic and peaceful Syria”. You learn it in a notice.

The Council additionally eliminated 24 entities from the EU checklist of entities topic to the freezing of funds and financial sources. Many of those entities are banks, together with the central financial institution of Syria, or corporations working in key sectors for the financial restoration of Syria, such because the manufacturing and refining of oil, cotton and telecommunications, whereas others are media and tv broadcasters.

“This decision is simply the right thing to do, in this historical moment, so that the EU really supports the resumption of Syria and a political transition that meets the aspirations of all Syrians. The EU has been alongside the Syrian people in the last 14 years and will continue to do so. Today the EU reaffirms its commitment as a partner for the transition, a partner who helps the Syrian people to gather and reconstruct a new, inclusive. Pacifica ”commented Kaja Kallas, head of European foreign policy.

In line with his appeal to responsibility and his support for a peaceful transition, the Council extended the lists of people and entities related to the Assad regime until 1 June 2026.

In addition, in relation to the wave of violence that occurred within the Syrian coastal area in March 2025, the Council launched new restrictive measures inside the international regime of EU sanctions on human rights, focusing on two folks and three entities for critical violations of human rights. The Council will proceed to observe discipline developments and is able to introduce additional restrictive measures in opposition to those that violate human rights and people who gas instability in Syria. The authorized paperwork will quickly be printed within the Official Gazette. The EU has been together with the Syrian folks within the final 14 years, working within the seek for a political resolution and guiding monetary help, concludes the press launch.