Switzerland lifts certain sanctions against Syria

Switzerland has announced the lifting of certain sanctions against Syria, responding to the political changes in Damascus. This move aligns with the European Union’s recent decision to ease its own sanctions on the war-torn nation.

The Swiss Federal Council confirmed that it has lifted measures targeting Syria’s energy and transportation sectors. Additionally, certain financial services and banking relations are once again permitted, according to foreign media.

The remaining provisions of the Ordinance on Measures against Syria, including further financial and goods sanctions, are not affected by this decision. The easing of sanctions also means that no frozen funds will be released, the statement continued.

On Friday, the Federal Council also decided to impose an additional freeze on the assets of ousted criminal President Bashar al-Assad and his entourage. According to the Federal Council, this measure is intended to ensure that no funds belonging to the former Assad government can flow out of Switzerland, regardless of developments in the area of sanctions.

Switzerland first imposed sanctions on Syria in May 2011 in response to the brutal repression of civilians by Syrian armed and security forces during the early stages of the civil war. These sanctions were directed at the Assad government, which held power until late last year.

Compiled by: Basma Qaddour