Live Update arrow right icon From the Liveblog of Saturday, May 24, 2025

After Trump announcement, Treasury Department says US formally lifting Syria sanctions

By AFP 24 May 2025, 12:54 am Edit
A cropped handout picture provided by the Saudi Royal Palace shows US President Donald Trump (R) shaking hands with Syria's interim president Ahmed al-Sharaa (L) in Riyadh on May 14, 2025. (Bandar AL-JALOUD / Saudi Royal Palace / AFP)
A cropped handout picture provided by the Saudi Royal Palace shows US President Donald Trump (R) shaking hands with Syria's interim president Ahmed al-Sharaa (L) in Riyadh on May 14, 2025. (Bandar AL-JALOUD / Saudi Royal Palace / AFP)

WASHINGTON — The United States has lifted comprehensive economic sanctions on Syria, marking a dramatic policy shift following the end of Bashar al-Assad’s regime and opening the door for new investment in the war-torn country.

Syria must “continue to work towards becoming a stable country that is at peace, and today’s actions will hopefully put the country on a path to a bright, prosperous and stable future,” Treasury Secretary Scott Bessent says in a statement.

The move formalized a decision announced by US President Donald Trump last week.

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