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The suspension of an existing economic pact between the European Union and Syria aims to establish fuller trade relations. The step comes as Syria seeks to rebuild its economy following years of conflict. Related developments include the suspension of certain energy and banking sanctions as well as plans to restore a cooperation agreement.
fedoramagazine.orgThe move is intended to support Syria's financial recovery after years of conflict and economic isolation. It forms part of a series of recent steps to re-engage with the country, including the reopening of a European embassy there after more than a decade.
Officials have also suspended key energy and banking sanctions on Syria. Syria is expected to rejoin the SWIFT international payment system within a few weeks. Those discussions are expected to cover further economic and trade normalization. The suspension of the existing pact and the pledge of fuller trade ties represent one of the most concrete economic steps taken toward Syria in recent years.
The developments come amid a broader shift in international engagement with the country as it works to stabilize its economy.
Syrian President Ahmad al-Sharaa stated that Iran gained the most from the recent conflict, describing the war as containing multiple mistakes in its objectives and formation.
news24.comPolice Scotland arrested a 36-year-old man after five men aged 22 to 39 were injured in a series of attacks on 19 June 2026. Counter Terrorism Policing Scotland is leading the investigation.
middleeasteye.netDelegations from the United States, Iran, Pakistan, and Qatar met Sunday at the Burgenstock resort to work out details of a preliminary accord aimed at ending nearly four months of conflict.