EU eyes lifting restrictions on Syria’s energy sector

The European Union is considering lifting more sanctions against Syria, including economic restrictions and humanitarian exceptions, as part of negotiations to partially suspend measures on Syria’s energy industry. This may involve allowing crude imports, providing technologies to the oil and gas sector, funding oil exploration and refining, building new power plants, releasing banks from sanctions, and easing restrictions on Syria’s central bank. The EU initially imposed sanctions on Syria in 2011 due to the government’s actions in the civil war, with measures expanding over the years to include embargoes on Syrian crude oil and freezing assets in the country’s central bank.

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