Japan eases Syria sanctions, removes 16 entities from blacklist
Japan has lifted asset freezes and other sanctions on 16 Syrian entities, including banks, oil firms, and the defense and interior ministries.
Key Takeaways
AIIn a new move to ease sanctions imposed on Syria since 2011, Japan has decided to lift asset freezes and other measures on 16 Syrian entities, including banks, oil companies, and the ministries of defense and interior.
The Japanese Embassy in Syria said in a statement today that the government made the decision in light of recent developments concerning Syria and with consideration for bilateral relations. The move follows a partial lifting of measures in January 2023.
Entities set to have restrictions lifted include Syriatel, the Military Housing Establishment, the Real Estate Bank, the Political Security Directorate, the Commercial Bank of Syria, the Syrian Lebanese Commercial Bank, the Syrian Oil Marketing Company (Sytrol), the General Petroleum Corporation, the Syrian Oil Company, and the Syrian Company for Oil Transport.
The list also includes the General Organization of Radio and Television, Syria International Islamic Bank, the ministries of defense and interior, the General Organization for Ginning and Marketing Cotton, and Mahroukat Company.
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