The European Union countries on Wednesday passed a law to lift all economic sanctions on Syria on the basis of security grounds.
To facilitate the rapid reconstruction of the war -torn country, Syrian Central Bank and other lenders may once again reach the European financial market.
This will be effective once it is published in the official magazine of the European Union and will fulfill a political decision made by the European Union Foreign Minister last week to eliminate the restrictive measures of the block.
“This decision is only the right thing,” said Kaja Kalas, diplomatic of the top European Union. “In this historic time, for the European Union, to actually recover Syria’s recovery and a political transition that fulfills the aspirations of all Syrians.”
“The European Union today confirmed its commitment as a partner for infection, a one who helps the Syrians a new, inclusive, peaceful Syrian rebuilding and reconstruction,” he said.
Stability for Syria hope
German Foreign Minister Johan Wadeful said last week that the new Syrian leadership was given a chance to leg, but warned that it was expected to include the entry population and all religious groups.
Six months after the collapse of the Al-Assad regime, Wadeful said that a joint Syria could take its future into its hands.
The European Union is so hopeful that once the country has stabilized, hundreds of Syrian refugees in the block will be able to return home one day.
Wednesday’s decision does not affect sanctions against individuals and organizations abandoned for al-non-educational rule or responsibility for violent repression of Syrian people.
In addition, export restrictions on goods and technologies used for weapons as well as internal suppression apply for time.
Edited by: ZAC Crellin