LONDON: Syria hopes US sanctions will be fully lifted in the coming months and has started the process of restructuring billions of dollars of debt amassed during Bashar Assad’s rule, Economy Minister Mohammad Nidal Al-Shaar said.
President Donald Trump ordered the lifting of most US sanctions on Syria in May after meeting President Ahmed Al-Sharaa, but the Caesar Syria Civilian Protection Act of 2019 that authorizes them remains US law.
“We have to do some push and some lobbying to continue with this path that started in the right direction, and we’re hoping by the end of the year the bill (to scrap the act) will reach the president (Trump), and hopefully he’ll sign it,” Al-Shaar told Reuters during a conference in London.
“And once that happens, then we are sanctions-free,” he said on the sidelines of the Future Resilience Forum.
HOPES FOR A REDUCTION OF US TARIFFS
