EU’s Kallas Says She Hopes for Political Agreement on Easing Syria Sanctions

In this photograph taken on January 12, 2025, a vendor waits for customers at her mobile shop in the Damascus Tower market, which specializes in the smart phone business, in the Syrian capital. (AFP)
In this photograph taken on January 12, 2025, a vendor waits for customers at her mobile shop in the Damascus Tower market, which specializes in the smart phone business, in the Syrian capital. (AFP)
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EU’s Kallas Says She Hopes for Political Agreement on Easing Syria Sanctions

In this photograph taken on January 12, 2025, a vendor waits for customers at her mobile shop in the Damascus Tower market, which specializes in the smart phone business, in the Syrian capital. (AFP)
In this photograph taken on January 12, 2025, a vendor waits for customers at her mobile shop in the Damascus Tower market, which specializes in the smart phone business, in the Syrian capital. (AFP)

European Union foreign policy chief Kaja Kallas said on Wednesday she hopes a political agreement on easing Syria sanctions can be reached at a gathering of European ministers next week.

EU foreign ministers will discuss the situation in Syria during a meeting in Brussels on Jan. 27.

European officials began rethinking their approach towards Syria after Bashar al-Assad was ousted as president by opposition forces led by the Hayat Tahrir al-Sham (HTS) group, which the United Nations designates as a terrorist group.

Some European capitals want to move quickly to suspend economic sanctions in a signal of support for the transition in Damascus. Others have sought to ensure that even if some sanctions are eased, Brussels retains leverage in its relationship with the new Syrian authorities.

“We are ready to do step-for-step approach and also to discuss what is the fallback position,” Kallas told Reuters in an interview.

“If we see that the developments are going in the wrong direction, then we are also willing to put them back,” she added.

Six EU member states called this month for the bloc to temporarily suspend sanctions on Syria in areas such as transport, energy and banking.

Current EU sanctions include a ban on Syrian oil imports and a freeze on any Syrian central bank assets in Europe.



Syria's Economy Will Be Open for Foreign Investment, Foreign Minister Says

Syrian Foreign Minister Asaad Hassan al-Shibani. (X)
Syrian Foreign Minister Asaad Hassan al-Shibani. (X)
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Syria's Economy Will Be Open for Foreign Investment, Foreign Minister Says

Syrian Foreign Minister Asaad Hassan al-Shibani. (X)
Syrian Foreign Minister Asaad Hassan al-Shibani. (X)

Syrian Foreign Minister Asaad Hassan al-Shibani said on Wednesday that the country will open its economy to foreign investment and that Damascus is also working on energy and electricity partnerships with Gulf states.
"Syria's economic resources are diverse and we have a lot of sectors - industry, tourism... of course the economy in the future will be open and will open the road for foreign investment," he said at the World Economic Forum meeting in Davos, Switzerland.
Shibani paid separate visits to Saudi Arabia, the United Arab Emirates and Qatar in early January, during which he discussed bolstering ties.
At Davos, Shibani said a committee of representatives from various groups would work on the country's new constitution after holding a national dialogue, which Syria's leadership says will include all segments of society to chart a path for the nation after the opposition factions ousted President Bashar al-Assad.
"We need an inclusive transition leading to a new constitution, free and fair elections, in a Syrian-led and Syrian-owned political process that will restore Syria's sovereignty and territorial integrity," UN Syria envoy Geir Pedersen said at a separate press conference in Damascus on Wednesday.
Both Pedersen and Shibani reiterated calls for ending the international sanctions imposed on Syria.