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Syrian Arab News Agency (SANA) > Latest News > Syria > Minister of Economy and Industry: Lifting sanctions marks a fresh start for Syria’s eco

Minister of Economy and Industry: Lifting sanctions marks a fresh start for Syria’s eco

Published: 2025/05/14 10:30 AM
Updated: 2025/12/31 3:51 PM
Minister of Economy and Industry: Lifting sanctions marks a fresh start for Syria’s eco

Damascus, SANA- Minister of Economy and Industry Dr. Mohammad Nidal al-Shaar has emphasized that U.S. President Donald Trump’s decision to lift sanctions on Syria represents a fresh start for the Syrian economy, paving the way for a promising economic phase that will enhance opportunities for reconstruction and attract investments.

In an interview with Al-Arabiya this evening, al-Shaar stated that millions of Syrians, as well as the international community, had awaited this decision, describing it as “a measure of fairness, justice, and humanity.” He expressed gratitude to Saudi Arabia, Qatar, Turkey, and the Syrian people for their significant contributions to achieving this outcome.

The minister highlighted Saudi Arabia’s unwavering commitment to regional stability and development, extending Syria’s deep appreciation for the kingdom’s substantial role in supporting efforts to lift U.S. sanctions. “Words of gratitude cannot fully do justice to Saudi Arabia for its pivotal role in this achievement,” he remarked.

Al-Shaar also pointed to the upcoming meeting between Syrian Foreign Minister Asaad al-Shaibani and his American counterpart, Marco Rubio, as a cornerstone for the next phase of bilateral relations.

He noted that the immediate impact of lifting Syria’s sanctions will be evident as capital, investments, and investors flow into the country, clearing the path for new projects and financial transactions.

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