Fresh Hopes for Syrian Business Amid Sanction Changes**

Thu May 15 2025 18:35:20 GMT+0300 (Eastern European Summer Time)
Fresh Hopes for Syrian Business Amid Sanction Changes**

Entrepreneurs in Syria look to rebuild as U.S. sanctions are set to be lifted following the Assad regime's collapse.**


With the fall of Bashar al-Assad, Syrian business owners feel renewed optimism as the Trump administration announces potential sanctions relief, paving the way for economic recovery.**


In the wake of the Assad regime’s collapse, a wave of optimism is sweeping through the business community in Syria. Business owner Rasin Katta, who fled to Germany during the civil war, received encouraging news from a former partner in Damascus just hours after the dictator's fall. "We can start preparing the factory," Katta recalls, ignited with hope for resuming operations in a country whose economy had been devastated by years of conflict.

Months after the overthrow, Katta and others anticipated that the U.S. would lift decades-old sanctions imposed on Syria. They expected swift international support for rebuilding, but reality proved different. The Trump administration set conditions for sanction relief, leaving many optimistic entrepreneurs disappointed.

However, excitement sparked once more during a recent visit to Saudi Arabia when President Trump announced a significant policy shift: the U.S. would end sanctions against Syria. "We can move forward," Katta said after hearing the news, envisioning the possibility of revitalizing his family’s medical and pharmaceutical businesses.

The backdrop to these shifts includes U.S. sanctions that date back to the 1970s, initially categorized Syria as a state sponsor of terrorism. These sanctions intensified in leadership over the last 14 years, especially during the brutal civil war that has claimed countless lives and wreaked economic havoc.

The announcement of potential sanctions relief marks a pivotal moment for business owners like Katta, who are now cautiously optimistic about the future. As the sanctions barrier weakens, they are eager to navigate the path to economic renewal and reclaim their stakes in a nation hungry for revival.

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