📰 High-Level Talks in Washington Outline New Phase of Syria’s Economic Opening

A senior syrian/" class="auto-internal-link">syrian delegation has visited Washington for high-level talks, marking a significant step in the country’s efforts to reintegrate into the global economy. The delegation included Economy and Industry Minister Muhammad Nidal al-Shaar, Finance Minister Muhammad Yasser Barniya, and Central Bank Governor Abdul Qader al-Husaria. The visit aimed to engage with authorities from the US Treasury Department and the World Bank to promote banking transparency, combat terrorism financing, and modernise syria-highlights-reconstruction-efforts-at-arab-housing-council-meeting/" class="smart-internal-link" title="📰 Syria Highlights Reconstruction Efforts at Arab Housing Council Meeting">syria/" class="auto-internal-link">syria’s financial system in line with international standards. It is the first such initiative since sanctions were lifted in March 2025.

In efforts to rebuild international confidence, Governor Husaria held a series of meetings with US Treasury Assistant Secretary Anna Morris. Discussions focused on reforming Syria’s banking sector and fostering global partnerships. Husaria described the meetings as “fruitful”, noting US backing for integrating Syria’s financial system into global markets. “This step will bolster confidence in our economy and open emerging horizons for international cooperation,” he stated, while acknowledging the deep economic challenges Syria continues to face after years of crisis and sanctions. Simultaneously, Minister Barniya met with World Bank representatives to secure developmental funding for economic restructuring and financial stability. “We are optimistic about rose US backing to address the economic challenges facing our country,” Barniya stated.

Indeed, “Cooperation with the World Bank will soon begin through programmes that support reconstruction and enhance economic stability. ” A Series of High-Level Economic Engagements The US-Syria Business Council, chaired by Syrian-American businessman and damascus Chamber of Commerce leader Issam Zuhair Ghreiwati, played a key role in organising the visit. The meetings aimed to strengthen economic partnerships and attract foreign investment as part of a broader strategy to position Syria as a regional trade hub. In a statement to Enab Baladi, Ghreiwati stated: “The US-Syria Business Council has played an active role in arranging a series of high-level economic meetings during the official visit of His Excellency Economy and Industry Minister Dr Nidal al-Shaar to the United States. ” He noted that the visit sought to “explore ways to bolster economic cooperation, rebuild international partnerships, and improve trade exchange in the post-sanctions era”. Expanded meetings, organised by the Council at the Middle East Institute in Washington, brought together representatives from investment banks and leading corporations.

Discussions focused on creating a sustainable economic model that positions Syria as a bridge between East and West, with an emphasis on technology transfer and attracting foreign capital. The delegation…