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 recently visited Syria to strengthen economic ties between the two nations. A delegation of over 80 US Chamber of Commerce members, representing 50 companies, met with Syrian officials in Damascus. The delegation emphasized the importance of private-sector partnerships and investment in the Syrian market, which boasts significant opportunities.
US Deputy Assistant Secretary of State Jake McGee encouraged US businesses to invest in Syria, highlighting the country's substantial needs across various sectors and recent reforms that have made the market more accessible to investors. Syrian Foreign Minister Asaad Al Shaibani met with McGee to discuss expanding cooperation between the two countries.
This visit comes after the first US-Syria Business Forum held in Damascus in July, which aimed to explore emerging market opportunities. The US has been gradually lifting sanctions on Syria since last year, and Syrian President Ahmad Al Shara has been urging global nations to invest in Syria to help it rejoin the global economy after 14 years of civil war.
Al Shara claimed that Syria has transformed from an exporter of illicit substances and human trafficking to a stable point, with potential as a trade route and energy supply chain between the East and West.
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