The European Union on Monday began easing energy and transport sanctions and banking restrictions against Syria, aiming to help breathe life into the conflict-torn country’s economy if its new leaders work toward a peaceful future.

To encourage democratic development and achieve a peaceful and inclusive political transition, and to aid the swift reconstruction and economic recovery of the country and facilitate its eventual reincorporation into the global financial system,

European Union countries on Monday suspended a range of sanctions against Syria with immediate effect, including restrictions related to energy, banking, transport and reconstruction. The EU has a range of sanctions in place targeting both individuals and economic sectors in Syria.

The European Union is set to suspend Syria sanctions related to energy, transport and reconstruction, according to a draft declaration seen by Reuters.

Sharaa’s interim government has been trying to court the international community to encourage investment and ease sanctions to allow Syria’s economy to recover.

Syrian Oil Minister Ghiath Diab called Wednesday on oil companies that had operated in the country to return and develop the energy sector.

In an effort to "facilitate engagement" with Syria's new leaders, the European Union on Monday suspended sanctions on Syria's energy, transport, and banking sectors, on the condition that the new

EU announced Monday it is suspending sanctions on Syria’s energy, transport, banking sectors to aid country’s reconstruction after fall of Assad regime - Anadolu Ajansı

The European Union has lifted select sanctions on Syria as part of an effort to support democratic development during the country’s political transition. The bloc announced on Monday that it had ...

The EU on Monday lifted a number of economic sanctions on Syria, after the fall of Bashar Assad's regime late last year. “We will go forward with the suspension of sanctions against Syria,” the EU's foreign policy chief Kaja Kallas said before a meeting of foreign ministers in Brussels. “This includes the transport, energy and banking sectors.”

To help the Syrian people achieve a peaceful and inclusive political transition, to aid the swift economic recovery and reconstruction of the country and to facilitate its eventual reincorporation into the global financial system,

European Union countries suspended a range of sanctions against Syria with immediate effect on Monday, including restrictions related to energy, banking, transport and reconstruction.