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EU to allocate €722M for Syria's recovery

EU to allocate €722M for Syria's recovery

The announcement was made in Damascus by European Commission President Ursula von der Leyen. According to her, the EU intends to allocate 722 million euros for reconstruction following war damage in Syria. It is reported that the European Union is ready to begin negotiations on resuming the cooperation agreement with the Syrian government, which was suspended in 2015.

Context

Syria has been in a state of war since 2011, and the country needs significant support to restore infrastructure and the social sector.

Summary:

The EU will allocate €722 million for Syria's recovery and is ready to negotiate a new cooperation agreement.