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The post European Council restores full trade ties with Syria after 14 years appeared on BitcoinEthereumNews.com. The European Council restored fuller trade ties with Syria on Monday, ending the partial suspension of a cooperation agreement that had limited parts of the relationship since 2011. The Council said the decision reinstates the full application of the EU Syria Cooperation Agreement and marks an important step toward strengthening bilateral relations. The move repeals the 2011 decision that suspended trade provisions after Bashar al Assad’s regime cracked down on anti government protests at the start of Syria’s civil war. The decision sends a clear political signal that the EU is willing to re engage with Syria and support its economic recovery, the Council said. The reinstated provisions cover trade related measures that had removed quantitative restrictions on imports of certain Syrian goods, including oil, petroleum products, gold, precious metals, and diamonds. The move c
Read full articleSyria's reintegration into global trade and finance may boost economic recovery, but regulatory clarity on crypto remains crucial for stability. The post EU restores full trade relations with Syria as Visa and Mastercard go live after 15 years appeared first on Crypto Briefing.
The restoration of EU-Syria trade ties could boost Syria's economic recovery, attract foreign investment, and reshape regional dynamics. The post European Council restores full trade ties with Syria after 14 years appeared first on Crypto Briefing.
The diplomatic stalemate may exacerbate regional tensions, hinder economic recovery, and impact global energy markets due to uncertainty. The post Iran sees no clear horizon for US political agreement amid nuclear deal doubts appeared first on Crypto Briefing.
The resumption of Visa and Mastercard in Syria could significantly boost economic recovery by enhancing global financial connectivity and trust. The post Visa, Mastercard resume operations in Syria after 15-year hiatus appeared first on Crypto Briefing.
European Union member states and the European Parliament agreed early Thursday to push back the toughest deadlines under the bloc’s AI Act, giving enterprises more time to prepare for high-risk compliance. Under the provisional deal between negotiators for the European Parliament and European Council, high-risk AI systems will face new deadlines of Dec. 2, 2027 for stand-alone systems and Aug. 2, 2028 for AI used in products covered by EU sectoral safety rules, a European Parliament statement said. The original deadline was Aug. 2, 2026. The deal still needs formal adoption by both Parliament and Council before it can enter into law. The co-legislators intend to complete that step before Aug. 2. Until they do, the original deadline applies as drafted. “Today’s agreement on the AI Act significantly supports our companies by reducing recurring administrative costs,” Marilena Raouna, Cyprus’s deputy minister for European affairs, said in a statement from the Council, which is composed of
