Canada Updates Syria Sanctions, Lifts Broad Economic Restrictions
A statement from Global Affairs Canada noted that the revisions to the Special Economic Measures (Syria) Regulations lift sweeping restrictions in place since May 2011. The amendments ease limitations on trade, investment, and the provision of financial and other services, including telecommunications monitoring and petroleum-related transactions.
“The amendments also remove 24 entities and one individual from the Syria Regulations to reduce barriers to economic activity and to enable transactions with state-affiliated entities in key sectors critical to Syria's recovery,” the statement said.
Simultaneously, Canada introduced two new criteria under the regulations, enabling the designation of individuals and entities involved in gross human rights violations or actions undermining Syria’s peace, security, and stability. Six people were newly sanctioned: four for participation in the March 2025 wave of sectarian violence, and two for funding Syria’s chemical and ballistic missile programs.
The statement confirmed that sanctions will remain in place for individuals and entities closely linked to the former Assad regime who were previously listed between 2011 and 2017.
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