Syria is seeking to import oil via local intermediaries after its first post-Assad import tenders garnered little interest from major oil traders due to ongoing sanctions and financial risks, several trade sources told Reuters.
The European Union may soon suspend sanctions on Syria related to energy and transport but has yet to agree on whether to ease restrictions on financial transactions, according to three diplomats and a document seen by Reuters.
Ahmed al Sharaa was declared the new president of Syria in the transitional government that came into power after the collapse of the Assad regime on December 8. This declaration led to congratulations from several Arab states in the region,
Syria has been subject to sweeping EU sanctions following the outbreak of civil war in 2011, which targeted both individuals and economic sectors. Measures included a ban on Syrian oil exports and restrictions on access to global financial channels.
EU foreign ministers are expected to discuss suspending some Syrian sanctions during a meeting in Brussels on Jan. 27. European capitals began reassessing their Syria policies after the ousting of president Bashar al-Assad by insurgent forces led by the ...
In a pre-recorded speech, Sharaa vowed to "pursue the criminals who shed Syrian blood and committed massacres and crimes", whether they were in Syria or abroad, and to establish "real transitional justice" after Assad's fall.
"Regarding Syria, we are going to decide today to lift, to suspend, certain sanctions that had applied to the energy and transport sectors and to financial institutions that were key to the financial stabilisation of the country," French Foreign Minister Jean-Noel Barrot said on arrival at the EU meeting in Brussels.
France is lifting some sanctions against Syria, French Foreign Minister Jean-Noël Barrot told reporters on Monday as top diplomats from the European Union met in Brussels to discuss a coordinated
The European Union is lifting some sanctions on Syria to support efforts to stabilize Damascus following the December ousting of Bashar
The move sends a positive message that Syria is no longer a global outcast, while the phased implementation holds HTS to account
Officials in Syria's caretaker government were left with a state in ruins. Some fear they aren't moving fast enough to fix it