USA Begins Lifting Sanctions on Syrian Companies

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USA Begins Lifting Sanctions on Syrian Companies
Photo: Martial Trezzini/Keystone via AP/TT

The USA has taken a first formal step towards lifting sanctions directed at Syria.

The US Department of Finance announced on Friday that it is lifting certain sanctions directed primarily at Syrian companies. The comprehensive sanctions have been in force for several decades, but were strengthened during the civil war in Syria and targeted, among other things, Bashar al-Assad's regime.

Through the decision, the US wants to support a future Syria "as a stable and peaceful country", writes Finance Minister Scott Bessent.

The decision includes, among other things, opportunities for American investments in the country.

Bashar al-Assad's regime was overthrown by Islamist rebels in December last year and is now governed by an interim president and transitional government.

President Donald Trump said last week that he wanted to ease the sanctions against Syria.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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