Trump Unveils Historic Move to Lift US Sanctions on Syria After 40 Years

President Trump announced that Syria will be removed from the US terrorism sanctions list, ending over four decades of financial restrictions. He signed an executive order on June 30, 2025, canceling six previous orders and lifting sanctions on 518 individuals and organisations. This took effect on July 1. Sanctions on former President Bashar al-Assad and close associates remain in place. Leaders of Hay’at Tahrir al-Sham also saw some sanctions eased after a policy review. The decision opens access to international banking and digital services for Syrian businesses and citizens. Cryptocurrency exchange Binance has already lifted restrictions for users in Syria, paving the way for broader financial inclusion.

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