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The document states that the ruling is not relevant to sanctions enforced due to security issues related to the risk of terrorism and those placed on individuals and groups connected to the March 2025 outbreak of violence.
Consequently, 24 Syrian organizations, such as the Central Bank of Syria and firms from the oil and cotton industries, have been taken off the EU sanctions list.
Previously, on 23 May, the US Treasury Department lifted the majority of sanctions imposed on Syria. The sanctions were removed from the Syrian Arab Airlines, the Central Bank of Syria, and a number of banks.
Shipping firms and those overseeing the ports of Latakia and Tartus, the Syrian Ministry of Oil and Mineral Resources, the Ministry of Tourism, and the Four Seasons Hotel in Damascus have also been taken off the sanctions list. Transactions involving the Syrian oil company Sytrol and certain other entities in the energy sector were permitted.
source: reuters.com
Consequently, 24 Syrian organizations, such as the Central Bank of Syria and firms from the oil and cotton industries, have been taken off the EU sanctions list.
Previously, on 23 May, the US Treasury Department lifted the majority of sanctions imposed on Syria. The sanctions were removed from the Syrian Arab Airlines, the Central Bank of Syria, and a number of banks.
Shipping firms and those overseeing the ports of Latakia and Tartus, the Syrian Ministry of Oil and Mineral Resources, the Ministry of Tourism, and the Four Seasons Hotel in Damascus have also been taken off the sanctions list. Transactions involving the Syrian oil company Sytrol and certain other entities in the energy sector were permitted.
source: reuters.com
