The EU announces almost €2.5 billion in support for Syria, conditional on a credible political transition. Despite violence casting doubts on stability, the EU aims to attract investments for reconstruction. Recent historical agreements mark progress, yet challenges persist amidst ongoing violence, triggering concerns about the future.
The European Union (EU) has committed to providing almost €2.5 billion in additional support for Syria over the next two years, addressing both those within Syria and refugees in neighboring countries such as Jordan, Lebanon, Iraq, and Turkey. This announcement was made during a donor conference attended by Syrian foreign minister Asaad al-Shibani, marking the first representation of the Syrian government at such an event.
German Foreign Minister Annalena Baerbock confirmed that Germany would contribute an additional €300 million. The EU expresses readiness to facilitate investments for Syria’s reconstruction, contingent upon the progress towards an inclusive governance model that reflects the country’s diverse society.
European Commission President Ursula von der Leyen emphasized recent developments, such as the adoption of a transitional constitution and a landmark agreement with the Kurdish-led Syrian Democratic Forces (SDF), describing them as significant milestones. Notably, the EU’s approach adapts despite ongoing violence, including recent killings in northwest Syria that have raised concerns about stability and security.
The EU’s top diplomat, Kaja Kallas, remarked on the troubling escalation of violence and stated that hope in Syria is precarious. She reaffirmed the EU’s intention to follow its strategic plan aimed at easing sanctions on key sectors to support economic recovery, while also holding the current regime accountable for violent actions.
Furthermore, discussions are underway regarding potential involvement from the European Investment Bank (EIB) in financing reconstruction, as recovery efforts face significant challenges due to destruction from over fourteen years of civil conflict.
The EU has pledged substantial financial support for Syria, emphasizing the need for an inclusive political transition to facilitate recovery. Despite affirmations of commitment, violence and instability remain prevalent, complicating efforts for reconstruction. Key EU officials have highlighted the importance of accountability and strategic easing of sanctions to enable economic resurgence, while potential involvement from financial institutions like the EIB could aid financing efforts. The situation remains fragile, with hope for stability being narrowly sustained.
Original Source: www.euronews.com
