Feb 19 β€’ 08:53 UTC πŸ‡ΆπŸ‡¦ Qatar Al Jazeera

Canada Lifts Economic Sanctions Imposed on Syria

Canada has announced the lifting of comprehensive economic sanctions on Syria that were in place since May 2011, signaling a shift in its stance towards the Syrian government amidst recent political changes.

On Wednesday, Canadian Foreign Minister Anita Anand announced significant amendments to the "Special Economic Measures Regulations in Syria," including the lifting of a comprehensive ban that had been in effect since May 2011. This decision reflects Canada's response to the evolving political and field conditions in the country, indicating a potential thaw in diplomatic relations. The Canadian government clarified that the amendments involve the easing of restrictions on import and export of goods and services, investment activities, and financial transactions, specifically in vital sectors such as oil and telecommunications.

The statement from Canada's Foreign Ministry further detailed that 24 individuals and organizations have been removed from the sanctions list to facilitate economic dealings with Syrian state institutions. The eradication of sanction designations was seen as a move to support the transitional Syrian government in achieving a comprehensive political shift. However, Canada has introduced new criteria for designating individuals and entities for sanctions, focusing on those involved in human rights violations and threatening security and stability, while maintaining sanctions against those linked to the previous regime from 2011 to 2017.

This policy change from Ottawa comes in the light of Canada having contributed over $4.7 billion since 2016 to support humanitarian efforts in Syria. The lifting of sanctions is aimed at providing economic opportunities for the transitional government, enhancing their capabilities in governance and restoration efforts, which may have implications for a more extensive international engagement moving forward as the situation in Syria continues to evolve.

πŸ“‘ Similar Coverage