International donors have pledged almost $6.5 billion in aid for Syria, aiming to encourage its new leaders towards a peaceful political transition. The European Union organized the meeting in Brussels, where Western partners, regional neighbors, and Arab countries committed funds to help rebuild the country.
The EU pledged 4.2 billion euros ($4.6 billion) in grants, while low-interest loans amount to 1.6 billion euros ($1.7 billion). Germany will provide around 300 million euros ($326 million), primarily to assist people in Syria. Britain has pledged up to $208 million.
US Deputy Assistant Secretary for the Levant and Syria, Natasha Franceschi, stated that the US expects other nations to help shoulder the financial burden. However, she did not announce any pledge of money. Western governments are cutting back on aid spending due to security concerns.
The new Syrian government is trying to consolidate control over territory and rebuild the economy and infrastructure. The UN estimates that rebuilding Syria would cost at least $250 billion, while experts believe it could reach $400 billion. Security concerns, including sectarian revenge attacks, have made donors hesitant.
Syrian Foreign Minister Asaad Hassan al-Shibani urged donors to support reconstruction efforts, investment in Syria, and sustainable development projects. He emphasized the need for aid to reach those who deserve it from all regions and communities, creating conditions for the safe return of refugees.
The EU is easing energy, transport, and financial sector sanctions, but many other Western sanctions remain in place. Donors are urged to seize this opportunity to encourage the interim government to move towards a peaceful transition, ensuring accountability for human rights violations and promoting inclusive development.
Source: https://apnews.com/article/syria-europe-donors-sanctions-aid-conference-f62ed91a11dc33fe27f05265ed8abd36