US President Donald Trump has lifted broad sanctions on Syria, marking a major shift in US foreign policy. The move ends decades of economic penalties that had isolated Syria from the global market. This change happened during Trump’s recent visit to the Middle East, shortly after the European Union also relaxed some of its economic restrictions on Syria.
The US Treasury Department has stopped enforcing sanctions on key Syrian institutions, including the central bank. At the same time, the State Department paused tough sanctions from 2019 that targeted Syria’s post-war reconstruction efforts for six months. These sanctions had discouraged foreign investment and slowed rebuilding in Syria. Despite the pause, investors remain cautious as the sanctions could be reinstated once the waiver ends. Trump described this policy change as part of a larger effort to remove all restrictions on Syria.
People in Damascus responded positively to the easing of sanctions. Many expressed hope that this step will help Syria begin to recover from years of war. The reopening of international money transfers means Syrians can now receive funds without relying on expensive middlemen. This is expected to improve daily life and help revive the country’s economy.
The Syrian foreign ministry welcomed the cooperation but rejected any foreign interference. Officials in Damascus view the US decision as an opportunity to re-engage with the international community. This shift follows the collapse of the Assad regime in December 2024. Syrians believe lifting financial restrictions will help stimulate economic growth and support reconstruction after 14 years of conflict.
The European Union started easing sanctions earlier this year. In February, the EU suspended some measures and took a cautious, step-by-step approach. Recently, the EU confirmed its continued support for Syria’s recovery process. Both the US and EU aim to strengthen the position of Syria’s interim government during this fragile transition.
Washington has confirmed plans to dismantle the sanctions system fully over time. The US government says this is essential for Syria’s economic survival. Both sides emphasize the need to rebuild trust and open new paths for foreign investment. The Trump administration is working to open Syria’s markets and help the country return to the global economy.
