E.U. Eases Sanctions on Energy, Transport and Banking Sectors
On Monday, the Council of the European Union announced a partial lift of sanctions in the energy, transport and banking sector, although it is unclear if the impact of these measures will be significant. The E.U. removed from its blacklist six entities: Industrial Bank, Popular Credit Bank, Savings Bank, Agricultural Cooperative Bank, Central Bank of Syria and Syrian Arab Airlines, and lifted the asset freeze on all of them except the Central Bank.
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