ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -In March 2021, the EU declared that sanctions would remain in place until a political transformation in Syria commences. On 31 May 2022, the EU extended its sanctions against the Syrian government for a further year.

Detailed explanation-2: -The EU restrictive measures regime provides for a large number of exemptions and derogations regarding humanitarian activities (purchase of petroleum products, financial and banking activities, etc.) when these activities aim to provide humanitarian assistance in Syria or help the civilian population in Syria.

Detailed explanation-3: -Since the uprisings began in March 2011, the U.S. government has intensely pursued calibrated sanctions to deprive the regime of the resources it needs to continue violence against civilians and to pressure the Syrian regime to allow for a democratic transition as the Syrian people demand.

Detailed explanation-4: -Under the Sanctions Act, arms embargoes consist of prohibitions on export, supply or delivery, making available and transfer of military items and on the provision of technical assistance, financial services and funds, and brokering services related to military items.