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  • Product: ONESOURCE Global Trade

Switzerland lifts Syria sanctions in Line with EU measures

Date of Publication: June 23, 2025
In alignment with the European Union’s (EU) decision of May 2025, Switzerland has lifted a broad range of economic sanctions against Syria. The Swiss Federal Department of Economic Affairs, Education and Research (EAER) has implemented these changes through the State Secretariat for Economic Affairs (SECO), with the updated measures taking effect at 6 PM CET on 20 June 2025.

Key measures adopted

302 individuals and fifty entities were amended as part of the update
, reflecting the scale of Switzerland’s alignment with the EU’s revised stance. These actions follow an initial easing of sanctions in March 2025 and aim to support Syria’s economic recovery and political transition.
  • Twenty-four entities, including the Central Bank of Syria, have been delisted
     from the list of designated parties subject to asset freezes and restrictions on economic resources. The delisted entities are seen as crucial to Syria’s reconstruction and long-term economic stabilization.
On the other hand, targeted sanctions against individuals and entities linked to the former government of Bashar al-Assad remain in force and export bans on military equipment and items used for internal repression and surveillance remain fully in force.

Conclusion

Switzerland’s adoption of these changes reflects its ongoing alignment with EU foreign policy and sanctions frameworks. By lifting certain restrictions while maintaining targeted measures, the Swiss government aims to balance support for Syria’s rebuilding efforts with accountability for past human rights violations. Businesses should review the updated sanctions ordinance, ensure their screening processes reflect the latest changes, and remain alert to further developments in Swiss and EU sanctions policy on Syria. These changes have been updated in ONESOURCE Global Trade Content. For more information on how ONESOURCE Global Trade solutions can assist you in managing restricted party screening, please contact your Account Manager or Customer Success Manager.