Repeal of Caesar Act Sparks Hope for Syrian Economic Revival

In a move described as a historic turning point, the U.S. House of Representatives voted to repeal the Caesar Act and lift a series of sanctions previously imposed on Syria—sanctions that had long constrained the country’s economy. Hassan Al-Shawa, Director of Consumer Protection at Syria’s Ministry of Internal Trade, stated that this decision delivers a significant boost to economic recovery efforts. n nAl-Shawa emphasized that one of the immediate effects is a renewed sense of optimism among Syrian citizens, a crucial psychological shift needed to revive normal economic activity. While the repeal may not resolve all challenges, it lays the foundation for a new phase of economic revitalization and investment attraction, potentially improving living standards and stabilizing the labor market in the coming period. n nHe noted that corporate engagement in Syria’s market was not entirely absent before the sanctions were lifted. Several investment agreements had already been signed in sectors such as electricity, energy, airports, transportation, infrastructure, hotels, and mills. Despite obstacles, these deals continued, and the removal of economic restrictions is expected to accelerate their implementation and expansion on the ground. n nAccording to Al-Shawa, the new environment will open broad opportunities for investors, increase market competition, and positively impact product availability, commercial activity, and consumer pressures. This growing competition is also likely to strengthen confidence among both investors and the public by reducing barriers and creating new pathways for economic success. n nHe added that the current phase could shorten the timeline for national reconstruction, allowing Syria to reclaim its regional and international standing by leveraging its geographic position, human capital, and economic resources. Public determination, he said, can support this transformation and help rebuild Syria as a modern, developed nation. n nAl-Shawa concluded that sanctions relief marks the beginning of a new economic trajectory, and the subsequent investment and development steps could serve as a pivotal launchpad for renewed economic activity, widespread job creation, and improved living conditions for Syrians. However, despite these positive signals, critical questions remain: to what extent will this shift truly enhance daily life, and when will ordinary citizens begin to feel tangible improvements? n— news from (annahar.com)n

— News Original —nRepeal of “Caesar” Law… Beginning of a Syrian Economic Turnaround?n nHassan Al-Shawa n nIn a step described as a historic turning point, the U.S. House of Representatives voted to repeal the “Caesar” Law and lift a set of sanctions imposed on Syria, which for years constituted one of the main constraints on its economy. Hassan Al-Shawa, Director of the Consumer Protection Directorate at Syria’s Ministry of Internal Trade, believes this decision gives a major boost to the economic recovery path. n nPublic Optimism n nAl-Shawa confirms that the first direct impact of lifting sanctions is the atmosphere of optimism currently experienced by Syrian citizens—a necessary climate for restoring normal economic movement. The decision may not represent an end, but it certainly paves the way for a new phase of economic revival and investment attraction, which will eventually improve living standards and stabilize the labor market. n nAl-Shawa points out that corporate entry into the Syrian market was not absent even before sanctions were lifted, as several investment contracts were signed during the past period in sectors such as electricity, energy, airports, transport, infrastructure, hotels, and mills. These contracts did not stop despite challenges, but lifting economic restrictions will give them greater room for expansion and practical implementation on the ground. n nAl-Shawa believes the new environment created by this decision will open wide opportunities for companies interested in investing, enhancing competition within the Syrian market—positively impacting commodity availability, improving commercial activity, and easing consumer pressures. This competition will also boost confidence among both investors and citizens by reducing challenges and opening new horizons for success. n nReconstruction Step Closer to Implementation n nAl-Shawa adds that this phase could shorten the timeline toward rebuilding the country and restoring Syria to its natural regional and international position, benefiting from its geographic location, human capabilities, and economic resources. Public will, as he describes it, is capable of supporting this transformation and rebuilding Syria as a modern, advanced state. n nAl-Shawa concludes that lifting sanctions marks the beginning of a new economic path, and the subsequent investment and developmental steps could constitute an important launching point for the return of economic activity, the creation of widespread job opportunities, and improving living conditions for Syrians in the coming phase. n nYet, despite all these positive indicators… the pressing question remains: to what extent will this transformation actually improve Syrians’ living conditions, and when will citizens begin to feel the results on the ground?

Leave a Reply

Your email address will not be published. Required fields are marked *