Wednesday, September 23, 2026English edition
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Country risk, from the local press

Syria · Country watch

US-Syria Relations, Financial Sector Transformation

Syria engages with US Congress on economic ties; financial reforms discussed at UN meeting.

· · 5 sources

The picture Improving

Syria's business conditions are improving with steps towards stronger US relations and financial sector reforms. These developments could boost trade and finance.

In this briefing Mohammad Yasar Barnea · Qatar Development Fund · Islamic Development Bank · Mamdouh Abdul Karim · United States · Ahmad Al-Sharaa · United States Congress

Regulation

  • finance
  • public-sector

Finance Minister Attends UN Meeting on Financial Sector

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Omar Ramadan / Unsplash

Syria's Minister of Finance, Mohammad Yasar Barnea, participated in a high-level roundtable at the United Nations in New York, focusing on the transformation of Syria's financial sector. Organized by the Qatar Development Fund and the Islamic Development Bank Group, the meeting aimed to coordinate support for Syria's financial recovery, SANA reports. This initiative is part of broader efforts to stabilize and modernize Syria's financial infrastructure, potentially attracting international investment and support.

Impact Syrian banks and financial institutions may see increased international support and investment opportunities.

Sources: SANA سانا ↗

Disruption

Nothing significant reported today.

Internal tension

Nothing significant reported today.

Safety & health

Nothing significant reported today.

Companies

Nothing significant reported today.

Markets

Nothing significant reported today.

Trade

  • technology

Syrian Exports Eye US Market Amid Improved Relations

Economic expert Mamdouh Abdul Karim suggested that the improving economic relations between Syria and the United States could open the US market to Syrian exports, Al-Watan reports. The lifting of comprehensive sanctions in July 2025 and the repeal of the Caesar Act in December 2025 have created a more favorable environment for trade. However, entry into the US market requires strategic efforts from Syrian exporters to capitalize on these opportunities.

Impact Syrian exporters may gain access to the US market, enhancing trade opportunities and economic growth.

Sources: Al-Watan الوطن ↗

Politics

  • public-sector

President Ahmad Al-Sharaa Meets US Congress Members

Syrian President Ahmad Al-Sharaa met with several members of the U.S. Congress in New York to discuss the future of Syrian-American relations, domestic developments, and key regional issues, according to The Syrian Observer and Enab Baladi. The discussions are part of Syria's efforts to improve bilateral relations and potentially enhance economic cooperation. This meeting comes amid a backdrop of previous sanctions being lifted, creating opportunities for increased trade and investment between the two countries.

Impact Syrian exporters and investors may benefit from improved US-Syria relations, potentially easing trade barriers.

Sources: The Syrian Observer ↗, Enab Baladi English ↗

Also today in Syria

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