beyondmsn.com

Breaking news and insights at beyondmsn.com

EU Commits €2.5 Billion to Support Syria’s Recovery and Transition

The EU announced a €2.5 billion commitment for Syria’s transition and socio-economic recovery during the Brussels Conference. The pledged amount includes increased funding for both Syria and neighboring regions hosting refugees, emphasizing a collaborative and Syrian-led recovery approach, alongside calls for lifting sanctions.

The European Commission President, Ursula von der Leyen, revealed a commitment of nearly €2.5 billion from the EU for Syria’s transition and socio-economic recovery during the Brussels Conference. This conference focused on ensuring continued support for the evolving needs in Syria amidst ongoing challenges.

The EU increased its financial pledge for 2025 from €560 million to €720.5 million, which aims to assist not only Syria’s population but also Syrian refugees and hosting communities in Lebanon, Jordan, and Iraq. In addition, the European Union has committed €600 million for the year 2026 and €1.1 billion specifically for Syrian refugees and vulnerable communities in Turkiye over the same period.

The conference emphasized collaborative efforts among international partners and UN agencies, aiming for an effective response that prioritizes a Syrian-led and owned recovery process. Notably, Syria’s Foreign Minister Asaad Al-Shibani underscored the importance of lifting sanctions and investing in reconstruction, stating that Syria’s stability is crucial for the stability of the broader region and beyond.

The European Union’s €2.5 billion pledge highlights its commitment to supporting Syria’s recovery and transition through considerable financial aid for the years 2025 and 2026. The emphasis on a Syrian-led recovery process and collaboration with international partners indicates a strategic approach to achieving sustainable stability in the region. Furthermore, the call for lifting sanctions reflects the complex interplay between humanitarian aid and geopolitical considerations.

Original Source: shafaq.com

Sofia Martinez

Sofia Martinez has made a name for herself in journalism over the last 9 years, focusing on environmental and social justice reporting. Educated at the University of Los Angeles, she combines her passion for the planet with her commitment to accurate reporting. Sofia has traveled extensively to cover major environmental stories and has worked for various prestigious publications, where she has become known for her thorough research and captivating storytelling. Her work emphasizes the importance of community action and policy change in addressing pressing global issues.

Leave a Reply

Your email address will not be published. Required fields are marked *