The Syrian government is scheduled to host its first business forum with the United States on Monday local time. This meeting marks Damascus's strategic step toward restoring bilateral economic relations after decades of separation between the two countries due to strict sanction policies.
The event, initiated by the Syrian Ministry of Economy and Industry in collaboration with the Syrian-American Business Council, is planned to serve as a meeting platform for policymakers, investors, and industry leaders from both sides. The main focus of discussions includes Syria's national economic recovery scheme, structural reform agendas, and the identification of new investment opportunities for the private sector.
This diplomatic move comes amid intensive efforts by Damascus to attract foreign capital following changes in Washington's foreign policy. These changes are marked by the issuance of Syria General License 25 as well as specific exemptions related to the Caesar Act, aimed at facilitating economic reconstruction in Syria.
The climax of this shift in U.S. policy occurred when President Donald Trump's administration officially signed an executive order to lift sanctions against Syria. The forum initiative is expected to be a crucial milestone for both nations to resume economic cooperation that had stalled for decades.
