Suspending Syria’s Sanctions

The European Union is discussing a deal to partially suspend several sanctions on Syria’s energy industry, including scrapping bans on importing crude from the country and on exporting technologies to the oil and gas industry. An agreement would potentially also end restrictions on financing exploring or refiningoil, and the construction of new power plants.
Other measures eyed by the bloc include removing several banks from the sanctions list, and partially lifting some restrictions previously imposed on Syria’s central bank to allow it to make funds available, according to people familiar with the matter.
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