Latest news with #Asaadal-Shaibani
Yahoo
6 days ago
- Business
- Yahoo
Syrian business owners welcome EU's lifting of sanctions
Business owners in Syria have welcomed the European Union's decision this week to lift sanctions on the country, in what observers say is the most significant easing of Western pressure on Damascus in more than a decade. The EU's move, which followed a similar announcement by the United States in mid-May, was praised by Syrian Foreign Minister Asaad al-Shaibani as one that would bolster Syria's security and stability. For many Syrian entrepreneurs, it also brings the hope of rebuilding their livelihoods after years of economic isolation. 'Companies that were ousted from Syria and stopped dealing with us because of the sanctions are now in contact with us,' Hassan Bandakji, a local business owner, told Al Jazeera. 'Many companies and producers are telling us they are coming back and that they want to reserve a spot in our market.'The EU and US sanctions had levied wide-ranging sanctions against the government of former Syrian President Bashar al-Assad, who was removed from power in a rebel offensive in December of last year. The economic curbs had severely limited trade, investment, and financial transactions in Syria, cutting businesses off from supplies and international banking. 'The main obstacle we faced was getting raw materials and automated lines,' said Ali Sheikh Kweider, who manages a factory in the countryside of the Syrian capital, Damascus. 'As for bank accounts, we weren't able to send or receive any transactions,' Kweider told Al Jazeera. Syria's new government, led by ex-rebel leader and interim President Ahmed al-Sharaa, had called for the sanctions to be lifted as it seeks to rebuild the country. US President Donald Trump said after a meeting with al-Sharaa in Saudi Arabia last week that he planned to order the lifting of American sanctions on Syria. Reporting from Damascus, Al Jazeera's Mahmoud Abdelwahed said the government is hoping the sanctions relief will help Syria reintegrate into the international community. It also views the EU's announcement as additional 'recognition of the new political leadership' in the country, Abdelwahed added.
RTHK
20-05-2025
- Business
- RTHK
EU to lift all economic sanctions on Syria
EU to lift all economic sanctions on Syria Syria's foreign minister Asaad al-Shaibani says the decision shows an "international will" to support Damascus. Photo: AFP EU countries agreed on Tuesday to lift all their remaining economic sanctions on Syria in a bid to help the war-torn country recover after the ouster of Bashar al-Assad. "Today, we took the decision to lift our economic sanctions on Syria," the EU's top diplomat Kaja Kallas posted on X after a meeting of the bloc's foreign ministers in Brussels. "We want to help the Syrian people rebuild a new, inclusive and peaceful Syria," she said. The move from the European Union comes after US President Donald Trump announced last week that Washington was lifting its sanctions against Syria. The country's new rulers have been clamouring for relief from the crushing international punishment imposed after Assad's crackdown on opponents spiralled into civil war. EU diplomats said the agreement should see the lifting of sanctions cutting Syrian banks off from the global system and freezing central bank assets. But diplomats said the bloc intended to impose new individual sanctions on those responsible for stirring ethnic tensions, following deadly attacks targeting the Alawite minority. Other measures targeting the Assad regime and prohibiting the sale of weapons or equipment that could be used to repress civilians are set to remain in place. Syria's foreign minister Asaad al-Shaibani said after the EU decision that the lifting of the economic sanctions showed an "international will" to support Damascus. Shaibani added that "the Syrian people today have a very important and historic opportunity to rebuild their country." The latest move from the EU comes after it took a first step in February of suspending some sanctions on key Syrian economic sectors. Officials said those measures could be reimposed if Syria's new leaders break promises to respect the rights of minorities and move towards democracy. (AFP)
Nahar Net
19-05-2025
- Politics
- Nahar Net
Syrian FM says agreed with Salam on steps to end 'plight of Syrian prisoners'
by Naharnet Newsdesk 19 May 2025, 15:15 Syrian Foreign Minister Asaad al-Shaibani announced that he agreed with Lebanese Prime Minister Nawaf Salam on practical steps to 'end the plight of Syrian prisoners in Lebanon.' After a meeting with Salam on the sidelines of the Arab Summit in Baghdad, Shaibani wrote on X: 'We discussed the need to expedite ending the plight of Syrian prisoners in Lebanon.' 'We agreed on some practical steps in this regard and we stress the Syrian government's full keenness on finalizing this file as soon as possible,' Shaibani added.
Iraqi News
17-05-2025
- Politics
- Iraqi News
Iraqi PM receives the head of the delegation of the Syrian Arab Republic
Baghdad-INA Prime Minister Mohammed Shia al-Sudani received today, Saturday, the head of the Syrian Arab Republic delegation, Asaad al-Shaibani, participating in the Arab Summit. "Prime Minister Mohammed Shia al-Sudani received the head of the Syrian Arab Republic delegation, Asaad al-Shaibani, participating in the 34th Arab Summit, which is being held in Baghdad today, Saturday,' The Prime Minister's Media Office stated in a statement received by the Iraqi News Agency (INA).
Iraqi News
17-05-2025
- Politics
- Iraqi News
Syrian FM among Arab leaders arriving in Baghdad
Baghdad ( – As Baghdad prepares to host the 34th Arab League Summit on Saturday, May 17, a number of high-profile arrivals demonstrate the importance of the summit. Syrian Foreign Minister Asaad al-Shaibani arrived in Baghdad to represent Syria at the summit. This comes after Syrian President Ahmad al-Sharaa declined the invitation, a decision influenced by internal Iraqi political divisions over his past affiliations. Somalia's President Hassan Sheikh Mahmoud also landed in the Iraqi capital, reaffirming Somalia's commitment to Arab unity and cooperation. Additionally, Sayyid Shihab bin Tariq Al Said, Oman's Deputy Prime Minister for Defense Affairs, arrived in Baghdad, signaling Oman's dedication to regional dialogue and stability. The summit's agenda, finalized by Arab foreign ministers on May 15, encompasses eight major topics. Foremost among these are the Palestinian issue, Arab national security, and counterterrorism. Other significant items include climate change, collective Arab security, and the selection of the host country for the 35th summit.
