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From the Liveblog of
Wednesday, May 14, 2025
Syrian finance chief pitches country as ‘a land of opportunities’ after US lifts sanctions
DAMASCUS, Syria — Syrian Finance Minister Yisr Barnieh makes a call to global investors to come do business with Syria after US President Donald Trump’s surprise announcement that he would lift all of Washington’s sanctions on the country.
“Syria today is a land of opportunities, with immense potential across every sector– from agriculture to oil, tourism, infrastructure and transportation,” Barnieh says in an interview with Reuters at the finance ministry in Damascus.
“We envision a central role for the private sector in the new Syrian economy. The finance ministry’s role is not to spend indiscriminately or act as a regulatory enforcer over businesses, but rather to enable and support growth.”
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