Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Hezbollah: This decision undermines Lebanon’s sovereignty and gives "Israel" a free hand to tamper with its security, geography, politics, and the future of its very existence. Therefore, we will not acknowledge it.
Hezbollah: The government's decision is the result of the diktats of the US envoy, clearly stated as the reason for which it was advanced in the cabinet meeting.
Hezbollah: Government's decision goes against ministerial statement.
Hezbollah: Government of PM Nawaf Salam has committed a grave sin in taking a decision to strip Lebanon from the arms that resists the Israeli enemy.
Al Mayadeen's correspondent in South Lebanon: One child killed, father wounded in strike targeting home in town of Toulin.
Russian Foreign Ministry: Moscow has lodged a protest with Israeli authorities over the attack on a vehicle belonging to the Representative office of the Russian Federation to Palestinian National Authority
Lebanese Ministry of Health: One person was killed in an Israeli airstrike on a car in the town of Brital, Baalbek
Al Mayadeen's correspondent: An Israeli drone launched three missiles on the Baalbek-Rayak international road in eastern Lebanon
Salam: The army has been tasked with developing a plan for "state weapons monopoly" by the end of this year and presenting it to the ministerial council before the 31st of this month
Salam: Discussion of the US document paper will be pursued in a government session next Thursday

Trump admin ties easing Syria sanctions to inclusive government: WSJ

  • By Al Mayadeen English
  • Source: The Wall Street Journal
  • 24 Feb 2025 22:44
2 Min Read

WSJ says major European banks and corporations may be reluctant to engage economically with Syria as long as US sanctions against the country remain in place.

Listen
  • x
  • Syria, Trump
    US President Donald Trump waits to welcome French President Emmanuel Macron to the White House in Washington, DC, on February 24, 2025. (AFP)

While the Biden administration had relaxed certain payment restrictions to facilitate aid delivery to Syria shortly before leaving office, the Trump administration has since blocked US moves to ease sanctions on the war-torn country, The Wall Street Journal (WSJ) reported on Monday.

Trump officials have stated that they seek a more inclusive government in Damascus, rather than one dominated by Islamists, the report mentioned.

It highlighted that major European banks and corporations may be reluctant to engage economically with Syria as long as US sanctions remain in place.

However, according to the WSJ, European officials are confident that their measures will encourage some businesses and aid organizations to resume operations in Syria, even without US involvement.  

The newspaper noted that the relaxation of sanctions will enable European companies to purchase Syrian oil and gas and invest in the country's electricity sector.

Related News

Israeli violations persist in southern Syria: Demolitions, checkpoints

Syria: Sweida death toll reaches 1,531 amid renewed ceasefire breaches

On Monday, the EU lifted sanctions on four state-owned Syrian banks and approved the transfer of funds to Syria’s central bank. Additionally, the EU has granted Syria’s national carrier, Syrian Arab Airlines, permission to resume flights to Europe.

In 2010, trade between the EU and Syria amounted to approximately $7.3 billion. Today, Syria’s entire economy is valued at around $29 billion. According to recent estimates by the UN Development Program, the war has caused $923 billion in physical destruction and economic losses.

European officials hope that easing sanctions will incentivize Syrians to return and contribute to the country’s reconstruction. More than one million Syrians fled to Europe during the war, which began in 2011.  

Seeking to maintain influence over Syria’s leadership, EU officials have indicated that member states will gradually lift additional economic restrictions in the coming months. However, the EU has affirmed that it will uphold its arms embargo on Syria and maintain sanctions against senior officials in the Assad government.

Despite the EU’s actions, the Trump administration has kept US sanctions in place, a move that is expected to limit the impact of Europe’s decision.

Read more: Trump administration initiated contact with Syria's new leadership: FM

  • Syria
  • United States
  • Europe
  • US
  • EU
  • Donald Trump
  • European Union

Most Read

An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

Al-Qassam strikes Israeli vehicles in Gaza, inflicts casualties

  • Politics
  • 30 Jul 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
Protesters chant anti-Israeli slogans as they carry a banner that reads:" Freedom for Palestine, Alliance stop the war," during a demonstration in support of Palestinians in Gaza, outside the Israeli embassy, in Athens, Monday, June 9, 2025 (AP)

Athens mayor slams Israeli ambassador over Gaza war, graffiti claim

  • Politics
  • 3 Aug 2025
An explosion seen during an Iranian missile attack on Tel Aviv, Occupied Palestine, June 13, 2025 (AP)

If Iran is attacked again, geography of response may change: IRGC spox

  • Politics
  • 30 Jul 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
UN official rejects Netanyahu’s claim, cites Trump on Gaza hunger
Palestine

UN rejects Netanyahu’s claim, recalls Trump Gaza hunger admittance

Norway probes wealth fund’s ties to Israeli war crimes
Politics

Norway probes sovereign wealth fund’s ties to Israeli war crimes

Germany faces revolt over support for Israeli genocide in Gaza: NYT
Politics

Germany faces revolt over support for Israeli genocide in Gaza: NYT

Famine and bullets: Gaza aid lines become 'Israel's' killing fields
Politics

Relief at gunpoint: Gaza aid lines become 'Israel's' killing fields

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS