The United Kingdom loses sanctions on dozens of Syrian government agencies Business and Economics News

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The sanctions were removed on 12 Syrian entities, including the defense and interior ministries.

The United Kingdom has removed its sanctions on 12 Syrian government entities, including the defense and interior ministries and the General Intelligence Directorate.

This step was taken on Thursday, four months after the Hayat Tahrir Al-Sham (HTS) group led the opposition groups to overthrow Bashar al-Assad more than 13 years after the war.

Entities removed from the sanctions list will not be subject to the freezing of assets, and to read The notice published by the UK’s Financial Penalt Office in London.

Those who targeted the sanctions “participated in the suppression of the civilian population in Syria” or were “involved in supporting or benefiting from the Syrian regime” Assad “, according to the notice, which did not provide an explanation for the exam.

In March, the British government dismantles the assets of the Central Bank of Syria and 23 other entities, including banks and oil companies. However, he emphasized that the sanctions against the members of the Assad regime will remain in place.

HTS, the new Syrian government, is trying to persuade Western capitals that should be lifted international sanctions.

Speaking in a televised event with former British Prime Minister Tony Blair, Syrian Foreign Minister Assad Al -Shaybani said at the beginning of this year: “We inherited many problems from the Assad regime, but the removal of economic sanctions is essential to the stability of Syria.”

Some countries, including the United States, said that they will wait to find out how the new authorities exercise their authority and ensure human rights before lifting sanctions, and instead chose targeted and temporary exemptions.

Last week, the visiting UN official called on the Syrian authorities to start the economic recovery process without waiting for Western sanctions.

“Waiting for sanctions to be lifted anywhere.”.

Contracts for recovery

The United Nations Development Program report in February estimated that Syria will need more than 50 years to return to the economic level before the war, and called for a tremendous investment to accelerate the process.

The United Nations study said that nine out of 10 Syrians now live in poverty, and a quarter of them are unemployed, and that the gross domestic product in Syria “decreased to less than half of its value” in 2011, the year in which the war began.

The degree of the human development index in Syria, which suffers from factors in the average life, education and living level, has decreased to its worst level since it was included for the first time in the index in 1990, which means that the war erases decades of development.

The United Nations Development Program report, “GDP” in Syria, was estimated at about 800 billion dollars.



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