Damascus, Dec. 11 (SANA) The Syrian Minister of Transport, Yarub Badr, emphasized Thursday the significance of lifting the Caesar Act for the transport sector in Syria, highlighting the constraints it has placed on financing and investment in infrastructure projects over the past years.
Minister Badr explained that removing these restrictions would facilitate access to necessary funding for the development of road and railway networks, which would strengthen the connection between Syrian provinces and with neighboring countries. In a statement to SANA.
Badr also pointed out that improving financing capacity would allow Syria to fully capitalize on its strategic geographic location, supporting economic recovery efforts and contributing to the improvement of transportation services for citizens.
The U.S. House of Representatives recently voted overwhelmingly to lift the sanctions imposed under the Caesar Act, which was passed in December 2019, targeting the deposed regime for its war crimes during the Syrian revolution. This move is seen by some as a potential step toward stimulating economic development in Syria.
