In a statement, the ministry explained that the EU'sdecision includes the suspension of sectoral measures in energy, including oil,gas, electricity, and the transport sector. The ministry described the move as"the beginning of a broad dialogue."
The EU decision also removed five institutionsfrom its sanctions list, including the Industrial Bank, the People's CreditBank, the Savings Bank, the Agricultural Cooperative Bank, and Syrian ArabAirlines. It also eased restrictions on the Syrian central bank.
The ministry reaffirmed its commitment toworking with all countries and parties striving for economic stability anddevelopment, free from collective sanctions and politically motivatedrestrictions.
The EU also announced on Monday the lifting ofsanctions on the energy and transport sectors, along with four Syrian banks andSyrian Airlines. Restrictions on the Syrian Central Bank were eased, and theindefinite extension of humanitarian aid exemptions was confirmed.
European ministers emphasized that they wouldcontinue monitoring the situation in Syria to ensure the appropriateness of thesanctions suspension.
Earlierin the day, EU foreign policy chief Josep Borrell confirmed the suspension ofsanctions, stating, "We will lift sanctions on energy, transport, andSyrian banks during today's meeting."
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