The European Union is easing energy, transport and banking sanctions against Syria. It hopes to breathe life into Syria's economy and encourage its new leaders to work toward a peaceful future.

European countries say they are eager to help reconstruct war-ravaged country and build bridges with its new leaders.

European Union countries on Monday suspended a range of sanctions against Syria with immediate effect, including restrictions related to energy, banking, transport and reconstruction. The EU has a range of sanctions in place targeting both individuals and economic sectors in Syria.

On Monday, the Council decided to maintain lists linked to the Al-Assad regime, but approved the lifting of wide-ranging sanctions on key industries such as the energy, transport and financial sectors.