What's next for Syria's economy as US removes nation from state terror list? – analysis

The United States announced on August 24 its decision to remove Syria from its State Sponsors of Terrorism list, a designation in place since 1979. This move, part of a broader effort to ease restrictions, eliminates a significant legal and political barrier affecting foreign assistance, export controls, and financial transactions. However, it does not immediately lift all sanctions, as other measures targeting specific individuals and entities remain.

For us as businesspeople, removing Syria from the State Sponsors of Terrorism list does not mean the market became safe overnight, but it fundamentally changes the way we look at it,

said Saudi-Syrian businessman Nabil al-Mazloum, highlighting that the decision shifts the investment calculus from