The European Union has pledged €5.8 billion ($6.3 billion) in grants and loans to support Syria and neighboring countries, with Germany contributing €300 million. However, the total amount is significantly lower than last year’s conference, which raised €7.5 billion.
Syrian Interim Foreign Minister Asaad Al-Shibani attended the EU donor drive in Brussels alongside EU officials, where he expressed disappointment over the pledged funds. He claimed that sanctions imposed on Syria’s former regime unfairly penalize the current government.
The EU has vowed to continue its plan to gradually suspend sanctions if the violence subsides and Syrians can work and prosper. High Representative Kaja Kallas warned that failure to address these issues could lead to chaos and civil war.
However, despite the EU’s efforts, Washington has signaled little willingness to boost support for Syria, with US envoy Natasha Franceschi stating that other nations must share the financial burden. Humanitarian groups believe private investors will be crucial in rebuilding Syria, but sanctions relief is needed to create a conducive environment for investment.
Kathryn Achilles of the Norwegian Refugee Council described the pledges as a “demonstration of global solidarity” for the Syrian people. However, she emphasized that continued support is required. With ongoing violence and limited economic growth, Syrians are facing growing frustration and desperation.
Source: https://www.dw.com/en/eu-pledges-billions-for-syria-but-sanctions-keep-economy-shut-off/a-71956471