"Today’s action will help foster additional investment in Syria to promote political and economic stability,” Treasury Secretary Scott Bessent said.
Treasury said the changes fulfill President Donald Trump’s pledge to ease sanctions on Syria while stressing that the United States would continue countering terrorism and holding “bad actors in Syria accountable.”
Warming ties
The United States had announced in July that it planned to remove Syria from the terrorism list, a move seen as support for President Ahmed al-Sharaa.
Trump met Sharaa on the sidelines of a NATO summit in Turkey as the Syrian leader sought to rebuild the country after more than 13 years of civil war.
Secretary of State Marco Rubio said the move gives Syrians “a path to prosperity.”
Syrian officials welcomed the decision, saying it could help attract investment and support economic recovery after years of war.
Syrian Foreign Minister Assad al-Shaibani called the move a “historic milestone” and said it reflected “the new Syrian state’s commitment to international peace and security.”