ALWAYS/EW
People celebrate on the street after the Syrian rebels captured the city of Damascus.
Trump announced a survey of US sanctions, which had been in effect for almost 50 years. Investors are already excited.
Donald Trump announced last Wednesday the Survey of US sanctions to Syria.
“After discussing the situation in Syria with the heir prince and the Turkish President Erdogan, who asked me the other day something very similar, and who are my friends who respect the Middle East, I will raise sanctions against Syria,” said the US President.
Trump admitted that sanctions against Syria “were devastating ”, although they played “an important role.”
After more than a decade of civil war, the Syrian economy is in ruins. Gross Domestic Product (GDP) fell more than half between 2010 and 2021. And the decline should be even more dramatic.
Therefore, this ad from Donald Trump was celebrated In the streets of Syria, by inhabitants that predicted an even larger fund for the country.
Even without being on the streets, the investors They are also excited. They are now waiting for good business – although it will still take time, because this measure should not improve the lives of Syrians.
Surprised by the words of the US President, the investors started a Gold Running Climate In Syria, describes a.
Rich Syrian exiles, companies from neighboring countries: everyone expects a “Boom” in reconstruction of the country.
And the Syrian state is waiting Of these foreign investors: Syria’s interim president, Ahmed Al-Sharaa, asked for investments shortly after the survey of sanctions. “Syria must become a country of work and prosperity. Syria will be here to everyone who extends her hand to the country,” he said.
“Syria is a land of opportunities“Syrian finance minister Yisr Barnieh said.“ We appeal to all investors to enjoy This opportunity. ”
It should be noted that US sanctions to Syria have extended since 1979, almost 50 years ago. They started when the country was under the government of Hafez al-Assad, the father of Bashar al-Assad. The US then put Syria on the list of terrorist sponsors.
At this time of turning, the first measures should go through exemptions, so that foreign partners want to provide assistance to do so without risk of sanctions. But it is unclear what the pace of this new phase will be.
And a political situation in Syria continues tense Some of the old opposition groups have not yet delivered weapons to the new government. The Kurds continue to require autonomy in the northeast of the country, with constant tensions. And in recent months there have been confrontations with supporters of Bashar Al-Assad, former president of Syria.
