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عربي21
Syrian Economy Advisor on Sanctions Lifting
The lifting of U.S. sanctions on Syria represents a historic step that opens the door for the reintegration of the Syrian economy into the global financial system, paving the way for the return of banks, activation of the SWIFT system, and international money transfers. Syria's name has been removed from the list of countries supporting terrorism after 47 years of sanctions, making it easier to attract investments, finance reconstruction projects, and aid economic rebuilding and manufacturing. Additionally, the lifting of sanctions contributes to improving the outlook for oil and wheat, accelerating the development of financial and technological infrastructure, strengthening relations with the West, and creating opportunities for the return of global banks. However, some sanctions on individuals and entities linked to the previous regime remain to ensure legal accountability. This stage presents a critical opportunity for Syria to achieve economic development and to overcome the repercussions of years of war and isolation.
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