Syrian businesses say EU sanctions left them isolated from global markets and financial systems. Trade restrictions since 2011 curbed investment, banking, and access to industrial equipment. The EU's partial lifting of sanctions has sparked optimism among business owners and investors. Firms report renewed interest from international partners seeking to return to Syrian markets. Officials say the move reflects recognition of Syria’s new political leadership. The UN stresses reforms and transitional justice are essential for full reintegration. Sanctions on individuals tied to past abuses and the arms trade remain in effect. Al Jazeera’s Mahmoud Abdelwahed reports from the capital, Damascus. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #Syria #SanctionsLifted #EUEasingSyriaSanctions #SyrianEconomy #SyriaTransitionalJustice #SyriaBusinessRevival #SyriaReformCalls #SyriaForeignInvestment #Damascus #SyrianBanks
Syria sees renewed business interest after EU eases sanctions, but UN demands transitional justice
Syrian businesses say EU sanctions left them isolated from global markets and financial systems. Trade restrictions since 2011 curbed investment, banking, and access to industrial equipment. The EU's partial lifting of sanctions has sparked optimism among business owners and investors. Firms report renewed interest from international partners seeking to return to Syrian markets. Officials say the move reflects recognition of Syria’s new political leadership. The UN stresses reforms and transitional justice are essential for full reintegration. Sanctions on individuals tied to past abuses and the arms trade remain in effect. Al Jazeera’s Mahmoud Abdelwahed reports from the capital, Damascus. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #Syria #SanctionsLifted #EUEasingSyriaSanctions #SyrianEconomy #SyriaTransitionalJustice #SyriaBusinessRevival #SyriaReformCalls #SyriaForeignInvestment #Damascus #SyrianBanks