WASHINGTON: In a significant policy change after Bashar al-Assad’s administration fell, the United States lifted all economic sanctions on Syria on Friday, allowing for fresh investment in the war-torn nation.
In a statement, Treasury Secretary Scott Bessent stated that Syria must “continue to work towards becoming a stable country that is at peace, and today’s actions will hopefully put the country on a path to a bright, prosperous, and stable future.”
President Donald Trump made the announcement last week, and this action formalized it.
In response to demands from Saudi Arabia and Turkey, Trump abruptly declared on a Middle East tour that he was eliminating the “brutal and crippling” sanctions imposed on Syria by Assad.