Stock

Germany leads EU efforts to ease Syria sanctions

Investing.com — Germany is spearheading efforts within the European Union (EU) to relax sanctions that have been in place against Syria during the tenure of President Bashar al-Assad, who was removed from power last month, according to a report from the Financial Times on Tuesday.

German officials distributed two proposal documents to EU capitals shortly before Christmas. These documents proposed key areas where the EU’s sanctions on Syria might be relaxed, as per the report, which cited two individuals who are privy to the matter.

According to the documents, the EU could progressively lighten restrictions on Damascus in exchange for advancements in social issues. These include the protection of minority and women’s rights and the adherence to commitments to prevent the spread of weapons.

An anonymous source familiar with the EU discussions, as cited by the Financial Times, noted that the EU, much like Washington, could make any sanction easing temporary. This measure would ensure that it could be reverted if deemed necessary.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

More in:Stock