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EU begins easing Syria energy, transport and banking sanctions to help revive its economy
The European Union has initiated the easing of certain sanctions against Syria, including those related to energy, transport, and banking, to support the country's economic recovery under its new leadership. These measures, which include suspending restrictions on oil, gas, electricity, transport, and luxury goods, aim to encourage an inclusive political transition and economic stabilization. The EU will monitor the situation and may lift additional sanctions if progress is made, while retaining the option to reimpose them if necessary. This move follows the formation of an interim administration and the naming of an interim president, with further potential sanctions relief contingent on the establishment of a new inclusive government by March 1.
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