EU suspends sanctions on key Syria economic sectors

AFP
Above, a thermal natural gas and fuel-oil power plant serving Syria’s northern city of Aleppo on July 10, 2022. (AFP file photo)
  • Sanctions relief in bid to help the country’s reconstruction after the fall of Bashar Assad

BRUSSELS: The European Union on Monday eased sanctions on Syria’s energy, transport and banking sectors in a bid to help the country’s reconstruction after the fall of Bashar Assad.
“The EU aims to facilitate engagement with Syria, its people, and businesses, in key areas of energy and transport, as well as to facilitate financial and banking transactions associated with such sectors and those needed for humanitarian and reconstruction purposes,” the bloc said in a statement.