Britain cancels its sanctions on 24 Syrian entities, including the Central Bank economy

On Thursday, Britain deleted 24 Syrian entities, including the Central Bank, other banks and oil companies, from the sanctions list and stopped freezing its assets.

The West is reconsideration of its approach towards Syria after the forces of the revolution brought down the ousted President Bashar al -Assad in December after a 13 -year war.

And a notice on the British government’s website stated that entities, including the Central Bank of Syria, the Syrian Commercial Bank, and the Agricultural Cooperative Bank, were deleted from the list and the freezing was removed from its assets.

The Syrian Oil Company and Overses Petroleum Trading Company were among the deleted entities from the list.

Syrian President Ahmed Al -Shara has repeatedly called for the sanctions imposed by the West to isolate Assad globally during the civil war.

https://www.youtube.com/watch?v=suwe7lq0bpm

The European Union countries suspended last month a set of sanctions imposed on Syria.

The British Foreign Ministry did not provide other details. She has not answered a request from Reuters to comment yet.

Britain said in February that it would make adjustments to its sanctions on Syria after Assad’s fall, while maintaining decisions to freeze assets and the travel ban imposed on the former government members.

But hundreds of sanctions are still valid against individuals and other entities.

British Foreign Secretary Stephen Dutti said last month that any reduction in sanctions aims to “support the Syrian people in rebuilding their country and enhancing security and stability.”

He added that his country’s government is “determined to hold Bashar Al -Assad accountable and his partners for their actions against the Syrian people.”

He stressed that the freezing of assets and the travel ban imposed on members of the previous regime will remain valid.