The US Treasury Secretary announced today, Wednesday, May 14, 2025, the start of gradual steps to lift the sanctions imposed on Syria, in a move aimed at supporting economic stability and facilitating the reconstruction in the country after the fall of Bashar al -Assad’s regime.
The minister said in an official statement that this decision comes within the framework of supporting the Syrian people and enhancing international efforts to rebuild the infrastructure and improving the standard of living of citizens.
He pointed out that the steps include reducing restrictions on some vital sectors such as energy, transportation and financial transactions, while maintaining penalties targeting individuals and entities linked to previous violations.
US President Donald Trump announced during his visit to Saudi Arabia on Tuesday his intention to fully lift the sanctions, stressing that this step aims to give the Syrians a “new opportunity” to build a stable future.
He added that US Secretary of State Marco Rubio will meet his Syrian counterpart soon to discuss the normalization of relations between Washington and Damascus.
It is noteworthy that the US sanctions on Syria began in 1979, and later expanded to include vital economic sectors, which affected the Syrian economy, and hindered the reconstruction efforts. This decision is expected to have positive effects on the flow of investments and improve the exchange rate of the Syrian pound, according to the opinions of economic experts.
