On Friday, the United States raised comprehensive economic sanctions on Syria and after the fall of the Bašar al-Assad regime signaled a major change in politics and paved the way for new investments in the war nation. This comes after President Donald Trump formalized the decision last week.
Minister of Finance Scott Bessnt on Syria
Finance Minister Scott Bessnt said that Syria must “continue to work to become a stable country that is in peace, and today’s action hopefully the country will stand on a journey to a clear, prosperous and stable future.”
Easy sanctions apply to the new government of Syria with conditions that the country does not offer protected refuge for terrorist organizations and ensures the safety of religious and ethnic minorities, the Ministry of Finance added.
Trump’s announcement of Syria
Surprisingly, Trump said it raised “brutal and paralyzing” sanctions from Assad to Syria in response to the requirements of Turkey and Saudi Arabia.
“Syria, they had their share of travesty, war, killed in many years. Therefore, my administration had first taken the first steps to restore normal relations between the United States and Syria for the first time in more than ten years,” he said.
“The sanctions were brutal and paralyzing and served as an important – really important function – yet at that time. But now it is their time to shine. So I say,” Good luck, Syria. “Show us something very special.
At the same time, the Ministry of Foreign Affairs announced the surrender of the surrender, which allowed foreign partners and allies to visit the reconstruction of Syria and provided the companies consent to trading in the country.
Foreign Minister Marco Rubio reacts
The renunciation “makes it easier to provide electricity, energy, water and hygiene and allow a more effective humanitarian reaction across Syria,” Foreign Minister Marco Rubio said on Friday. “Today’s actions represent the first step in implementing the President’s vision of a new relationship between Syria and the United States,” Rubio said.
The authorization includes new investments in Syria, the provision of financial services and a transaction related to Syrian oil products.
While it requires extensive restrictions on financial transactions with Syria during the 14 -year civil war, it was clear that it would use sanctions to punish anyone involved in reconstruction if Assad remained in power.
The new government of Syria sought to restore relations with Western governments and returned the punishment of sanctions after Assad’s fall.
(Tagstotranslate) Sanctions on Syria
