Overview
- The European Union lifted most economic restrictions on Wednesday, restoring Syrian banks’ access to EU financial markets while retaining sanctions on security-related programs and regime-linked individuals.
- New EU measures impose travel bans and asset freezes on two militia leaders and three armed groups accused of March attacks on Alawite civilians including the Sultan Suleiman Shah Brigade and Hamza Division.
- The U.S. State Department granted six-month exemptions from longstanding sanctions following President Trump’s pledge to end penalties, marking a step towards broader U.S. support.
- The United Nations estimates that reconstruction will cost between $250 billion and $400 billion, and sanctions relief is expected to accelerate rebuilding projects.
- Syria’s interim government under Ahmad al-Sharaa has vowed to hold perpetrators accountable but a fact-finding body has yet to publish its findings while sectarian tensions and humanitarian needs remain acute.