Syria has expressed its approval of the United States’ recent decision to lift economic sanctions, viewing the move as a crucial step in fostering its post-war recovery. A statement from the Syrian foreign ministry characterized the lifting of sanctions as a positive development, highlighting the long-standing impact of these restrictions on the Syrian people.
The decision to revoke these comprehensive sanctions was announced on Friday, following a significant policy shift after the December ousting of President Bashar al-Assad. This shift signals a potential opening for foreign investment essential for the country’s reconstruction efforts. The foreign ministry noted that this action would contribute to alleviating the humanitarian and economic challenges currently faced in Syria.
This lifting of sanctions formalizes a prior announcement made by U.S. President Donald Trump during his visit to Saudi Arabia earlier in the month. According to the U.S. Treasury Department, the sanctions relief applies to Syria’s new government, but it comes with specific conditions. Notably, the country must not offer sanctuary to terrorist organizations and must work to ensure the security of its diverse religious and ethnic communities.
U.S. Secretary of State Marco Rubio elaborated on the implications of the sanctions relief, stating that it would enhance the delivery of essential services such as electricity, energy, water, and sanitation. This authorization is expected to facilitate a more comprehensive humanitarian response throughout Syria, while also permitting new investments and financial transactions involving Syrian petroleum products.
Rubio emphasized that these actions mark a preliminary step toward fulfilling the president’s vision of establishing a new relationship between the United States and Syria. Historically, the U.S. had implemented extensive restrictions on financial transactions with Syria during a protracted civil war, making it clear that sanctions would be utilized to deter participation in reconstruction efforts as long as Assad remained in power.
In light of recent developments, Syria’s new government, which comprises former Islamist rebels with varying connections to extremist groups, aims to foster improved relations with Western nations and work towards easing sanctions that have long hampered its economic prospects.