“I will order the lifting of the sanctions against Syria to give a chance to greatness to the Syrians. Now is the time to shine for them.” On May 14, during the investment forum in Saudi Arabia, Donald Trump announced the immediate uprising of the limitations that weighed on the Syrian economy and spoke with Syrian President Ahmad al-Chareh.
Established by the United States in 2019, the last American sanction train was contained in César’s law. He avoided access to Syria to international markets, financial transactions and punished any business or state that would like to establish or invest in Syria. With the announcement of the end of the US sanctions, Europe has followed its example: the progressive and conditional suspension of the sanctions last February has become a total and immediate uprising.
Breathe breathing with Syria
But beyond the statements made in Riyadh, the mechanisms of lifting obstacles will take a little time. David Rigoulet -rez, an associated researcher at the IRIS, explains to BFM Business that “the decision in principle of the lifting of the sanctions has an immediate character, but its practical terms have not yet been detailed because this provision is theoretically validated by Congress. However, it explains that the measures taken will allow Syria to breathe.
Precious helps at a time when tensions are exacerbated in the country. Despite the standardization agreements with the militias of Druzes and YPG (the Arab-Kurdish militias in the Northeast of Syria, note of the editor), distrust remains among the various actors. More after the massacres against Alauito populations in March.
400 billion dollars are required
It is to compensate for this situation and prevent other countries from being attracted to the fall of Syria that Westerners have accelerated their approaches. Very aware of the risks in Progreso, Marco Rubio declared during his last audience in the American Senate that “Syria could be a few weeks after a large -scale civil war.”
A pragmatic position, therefore, but not only. The lifting of sanctions would allow the Gulf countries to invest in Syrian reconstruction and extend their influence. For David Rigoulet Roze, the Turkish president and the Saudi heir prince requested the withdrawal of the sanctions: “It is a concomitant application of Mohammed Ben Salmane and Erdogan, with a strong support from the Prince of the Saudi Crown to President Trump whose ear.”
“Medium -term financing of this estimated reconstruction at about $ 400 billion by the World Bank will undoubtedly mobilize a pool of Argentiers in part of the Petromarchies of the Gulf. “
The associated researcher in the IRIS concludes that “the challenge for Ahmad al-Chareh is that the population sees an improvement in their living conditions and that a form of security is restored.” A priority element to rebuild stability in this country on the edge of the explosion.
Source: BFM TV
