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7h ago

U.S. and EU Lift Sanctions on Syria, Boosting Economic Hopes

Sanctions relief aims to support Syria’s reconstruction under a transitional government, but poverty, humanitarian crises, and conflict risks persist.

Trucks carrying around 60 displaced families arrive in their village after more than five years in the Atmeh camps near the Syrian-Turkish border, in Kafr Sijna, south of Idlib, Syria, Sunday, May 18, 2025. (AP Photo/Ghaith Alsayed)
Visitors enter the SINEX Syrian Industrial Expo, a showcase of Syrian companies and products, in Damascus, Syria, May 8, 2025.
Bank notes of the local currency are piled up as people wait at the central bank in Damascus
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Overview

  • The United States and European Union have lifted broad economic sanctions on Syria, marking a significant policy shift to support postwar recovery efforts.
  • Sanctions targeting the Assad regime, arms, and security-related technologies remain in place to ensure accountability and stability during the political transition.
  • Syria’s interim government, led by Ahmad al-Sharaa, is drafting investment-friendly laws to attract foreign businesses and stimulate economic growth.
  • United Nations officials warn of ongoing risks, including severe poverty, humanitarian needs, and the potential for renewed conflict and extremist activity.
  • Syrian entrepreneurs express cautious optimism as international support grows, with new investments and trade opportunities beginning to emerge.