The Syrian government abrogated Tuesday the recent suspension of imports of products subject to tariffs of five percent or more, the state-run news agency reported.
Two weeks ago, the Syrian Minister of Economy and Commerce Mohammad Nidal al-Shaar announced the suspension of Syria's import of cars and luxury goods to "save foreign exchange reserves" of Syria, Xinhua reported.
Adib Mayala, the governor of Syria's central bank, said recently that the Syrian decision to reduce imports would "enable Syria to save six billion (U.S.) dollars annually to face the sanctions imposed by both the EU (European Union) and the United States."
However, the suspension measure, according to many Syrians, has further crippled the economy.
Hussain al-Qadi, former minister of industry, told Xinhua by phone that the suspension decision was wrong in the first place and that's way the government abrogated it. He said the atmospheres of fear and panic contributed to making such a decision.
The suspension decision came in response to the recent EU sanctions on six Syrian companies, including Syriatel and its largest private company, Cham Holding. The EU sanctions were aimed to intensify pressure on President Bashar al-Assad, who has come under international criticism for his leadership's alleged months- long crackdown on protests.
The nearly seven-month-old crisis in Syria has brought life to a standstill as revenue from tourism, worker remittances and foreign investment plunged sharply since then.
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