Switzerland raises economic sanctions on Syria Economy news

Switzerland decided to lift a set of economic sanctions on Syria, including those imposed on the central bank, to follow the example of the United States And the European Union.

The Swiss government said in a statement today, Friday, that the aim of this decision is to “enhance the economic recovery and the comprehensive and peaceful political transition in Syria” after the fall of a regime. Bashar al -Assad In December 2024.

She explained that the sanctions imposed on individuals and entities associated with the Assad regime will remain in effect.

In the details of the decision, Switzerland said it would raise restrictions on providing some financial and trade services in precious metals and exporting luxury goods.

She added that she had raised about 24 entities, including the Syrian Central Bank, from the sanctions list. In March, it had issued a preliminary decision to reduce the sanctions.

This announcement comes in the wake of the European Union’s decision to lift its economic sanctions on Syria at the end of last May, after a similar step it took US Treasury In the same month.

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