Economic Sanctions Relief Under Discussion
The European Union is preparing to ease sanctions on Syria, focusing on key economic sectors to aid the country’s recovery. An internal EU document outlines proposals to lift restrictions on transportation, energy exports, and financial services.
The plans include enabling Syrian Arab Airlines to resume civilian flights to the EU and removing bans on oil and gas technology exports. Additionally, the EU is considering allowing European firms to participate in infrastructure projects, aiming to stimulate Syria’s economy and attract business investments.
Reestablishing financial connections between Syrian and European banks is also a priority. This measure would facilitate investments and enhance economic stability in the region.
Cautious Approach Toward HTS and Security Risks
The EU remains cautious about Hay’at Tahrir al-Sham (HTS), a group previously linked to Al-Qaeda. Any decision to delist HTS from terror watchlists must first be approved by the UN Security Council, the document specifies.
“Delisting must include stringent conditions to prevent terrorism financing and ensure Syria does not become a haven for extremists,” the document emphasizes.
The EU has also clarified that sanctions targeting Bashar al-Assad and his affiliates will remain intact. The focus of these measures is on supporting Syria’s population and fostering a stable transition under new leadership.
EU Ministers to Decide Sanctions Strategy
EU foreign affairs ministers are scheduled to meet on January 27 to discuss and finalize the proposed strategy for Syria. The meeting will aim to align economic recovery initiatives with counter-terrorism safeguards.
This potential shift in EU policy highlights its readiness to adapt to Syria’s evolving political landscape. By fostering stability and addressing economic challenges, the EU seeks to play a pivotal role in the country’s transition and future development.
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Richard Parks is a dedicated news reporter at New York Mirror, known for his in-depth analysis and clear reporting on general news. With years of experience, Richard covers a broad spectrum of topics, ensuring readers stay updated on the latest developments.
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