Switzerland has decided to lift a set of economic sanctions on Syria, including those imposed on the central bank, following the lead of the United States and the European Union.
In a statement released on Friday, the Swiss government explained that the decision aims to ‘promote economic recovery and an inclusive and peaceful political transition in Syria’ following the fall of Bashar al-Assad’s regime in December 2024.
It clarified that sanctions on individuals and entities linked to Assad’s regime will remain in effect.
Details of the decision indicate that Switzerland will ease restrictions on certain financial services, trade in precious metals, and the export of luxury goods. Additionally, Switzerland removed approximately 24 entities, including the Central Bank of Syria, from the sanctions list. A preliminary decision to ease sanctions was issued in March of the previous year.
— news from الجزيرة نت