The United States removed Syria from its list of state sponsors of terrorism on Monday, rescinding a designation that had been in place since 1979. The move lifts severe economic restrictions and sanctions, marking a significant step in Syria's reintegration into the global economy and raising hopes for recovery after its brutal civil war.
The decision is intended to boost post-war reconstruction and promote political and economic stability. US Treasury Secretary Scott Bessent stated that the action will help foster additional investment in Syria. The governor of Syria's central bank hailed the move as a historic step, and Turkey also welcomed the US decision.
In a related move, Washington rescinded the terrorist organization designation for HTS, the group led by President Ahmed al-Sharaa to topple Assad. This action comes as Washington deepens ties to the new Syrian government, removing what Damascus describes as the last major impediment to investing in the country.