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Switzerland Lifts Economic Sanctions on Syria 

The Swiss government removes 24 Syrian entities from its sanctions list in a move welcomed by Syria’s transitional government.

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2025-06-21
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Switzerland Lifts Economic Sanctions on Syria 

Syrian capital, Damascus on May 15, 2025. (AFP)

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Damascus, Syria – The Swiss government announced on Friday that it had removed 24 Syrian economic entities from its sanctions list. According to Reuters, the lifted restrictions include entities such as Syria’s Central Bank.

Reuters reported that the decision is part of a broader package aimed at easing restrictions on Syria, including lifting limitations on financial services, trade in precious metals, and the export of luxury goods.

However, Switzerland confirmed that individual sanctions targeting persons and entities linked to the former regime would remain in place.

Damascus believes lifting sanctions could create better conditions for the voluntary and safe return of Syrian refugees and help advance a Syrian-led political solution without foreign interference.

Read also: The Autonomous Administration and Transitional Government Reach Energy Cooperation Agreement

The Syrian transitional government on Friday welcomed Switzerland’s decision to lift key economic sanctions on Syria, calling it a positive step toward supporting the country’s recovery.

In a statement published on Facebook, the Syrian Ministry of Foreign Affairs expressed its appreciation for the Swiss Federal Council’s decision to remove sanctions that have heavily impacted Syria’s economy.

“This step represents a positive development that serves the interests of the Syrian people and supports reconstruction and economic revitalization,” the ministry said. It emphasized that the decision aligns with international law and the principle of respecting national sovereignty.

Damascus also noted that economic sanctions had long hindered efforts to meet basic needs and achieve stability and development. The ministry praised what it described as Switzerland’s “balanced position” and voiced hope that other countries would adopt similar approaches.

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