EU restores economic pact to pursue fuller trade ties with Syria
The move marks a major economic step for Syria's recovery after its 13-year civil war and the fall of the Assad regime.
The European Council said on Monday that it had decided to resume the cooperation agreement between the European Economic Community and Syria to restore fuller trade ties between the European Union and Syria.
What happened: The decision marks a significant economic development for Syria and the 27-member European Union as the Middle Eastern country seeks economic recovery after the 13-year civil war and the fall of Bashar al-Assad’s regime in December 2024.
The EU's top political institution repealed a 2011 decision that suspended parts of the economic cooperation agreement over human rights violations by the Assad government. The suspension had involved restrictions on imports of certain Syrian products, including oil, petroleum products, gold, precious metals and diamonds.
“The decision sends a clear political signal of the EU’s commitment to re-engage with Syria and support its economic recovery,” the European Council said in a statement.
