EU pledges €175 million for Syria’s recovery following sanctions lift

On June 4, the European Union announced a €175 million ($200 million) aid package aimed at supporting Syria’s social and economic recovery, following the recent lifting of sanctions against the country.

The funds are intended to strengthen public institutions, enhance access to essential services, and revive local economies through community-driven initiatives in sectors such as energy, education, healthcare, agriculture, and livelihoods, Caliber.Az reports, citing foreign media.

The support will also advance transitional justice, accountability, and human rights, including measures to resolve the issue of missing persons.

European Commissioner for the Mediterranean Dubravka Šuica, described Syria as being at a “pivotal moment” with a genuine opportunity to move from conflict towards peace and stability.

“We remain firmly committed to supporting Syrians in this crucial phase,” she said.

Syria has been embroiled in conflict for over a decade under the rule of Bashar al-Assad, who led the Baath Party regime since 2000. Assad fled to Russia in December, ending nearly 25 years of his leadership.

In January, Ahmed al-Sharaa, a former opposition leader who helped to oust Assad, was appointed president during a transitional period.

The EU lifted its economic sanctions earlier this year, highlighting positive steps taken by transitional authorities to foster inclusivity and uphold international law and human rights.

To recall, the Trump administration has formally eased longstanding US sanctions on Syria, aiming to support the country’s recovery after over a decade of civil war. 

On May 23, the Treasury Department issued General License 25 (GL25), authorising transactions with Syria’s interim government led by Ahmed al-Sharaa, as well as previously sanctioned entities including the central bank and state-owned firms.

Simultaneously, Secretary of State Marco Rubio issued a 180-day waiver under the Caesar Act to facilitate infrastructure and humanitarian operations. The move follows Trump’s meeting with Sharaa in Riyadh and reflects a push for reciprocal action, including foreign militant withdrawals and counter-terrorism cooperation.

By Aghakazim Guliyev