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US officials and business leaders visit Syria in bid to deepen economic ties

A delegation of US officials and business leaders have arrived in Syria in a bid to deepen Washington's economic ties with Damascus. The US Chamber of Commerce delegation, comprising more than 80 participants, including representatives of 50 companies, held a series of ministerial meetings in Damascus on Monday, Syrian state news agency Sana reported. During the talks, the delegation highlighted…

US officials and business leaders visit Syria in bid to deepen economic ties

A delegation of US officials and business leaders arrived in Syria to strengthen economic relations between the two nations. The US Chamber of Commerce sent over 80 delegates, representing 50 companies, to hold ministerial meetings in Damascus. These discussions emphasized the importance of investments and private-sector partnerships in advancing the relationship.

Jake McGee, deputy assistant secretary of state for the Bureau of Democracy, Human Rights, and Labour, encouraged US businesses to invest in Syria, citing significant opportunities in various sectors. The Syrian Foreign Minister, Asaad Al Shaibani, met with McGee to discuss expanding cooperation between the two countries. The visit follows the inaugural US-Syria Business Forum, held in Damascus in July, where government officials, business leaders, and investors explored emerging market opportunities.

The US has been gradually lifting sanctions on Syria since last year. Syrian President Ahmad Al Shara has been urging nations worldwide to invest in Syria, aiming for the country to rejoin the global economy after 14 years of civil war. Al Shara described Syria's transformation from an exporter of illicit goods and a source of regional conflict to a stable point on trade routes between the East and West.

Written by urgent.news from The National Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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