European Union countries have given a green light to lifting economic sanctions on Syria in a bid to help the war-torn country recover, according to diplomats speaking to news agencies.

Ambassadors from the EU’s 27 member states struck a preliminary agreement for the move, which should be formally unveiled by foreign ministers meeting in Brussels later on Tuesday, diplomats said, noting that the final decision is up to ministers.

This follows an announcement by the United States last week that it is lifting sanctions on Damascus.

Al Jazeera described the reported agreement to lift the sanctions as a “really significant” development.

“It’s first of all an acknowledgement that the EU recognizes the authority which is operating now in Syria, and that there need to be more financial transactions to pave the way for the creation of financial stability and improve the living standards of the people in Syria.”

Source: Websites