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Syria News

Syrian Finance Minister: Lifting sanctions will contribute to the return of refugees and the recovery of the economy.

May 14, 202582 ViewsRead Time: 2 minutes
Syrian Finance Minister: Lifting sanctions will contribute to the return of refugees and the recovery of the economy.
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Dr. Mohammad Yasar Barinia, the Syrian Minister of Finance, emphasized that lifting sanctions on Syria will provide "a conducive environment for Syrian refugees to return to their homeland and secure the essential services they need for their return."

According to "SANA agency," the minister explained that this step will open the door to "attract investments and financial flows, and Syria's return to the global financial and monetary system."

He also pointed out the "great opportunities and urgent need for investments in various sectors, such as infrastructure, energy, education, financial, and banking sectors."

Barinia added that lifting sanctions "will raise the challenge we face," affirming the government's determination to "complete the necessary infrastructure reconstruction, and provide an attractive institutional and legislative environment for investment."

He noted that the previously imposed sanctions came "initially to protect the Syrian people from the injustice of the former regime," while lifting them today represents "an opportunity for the Syrian people to rebuild their country."

The minister continued, saying: "We are committed to combating corruption, developing investment, protecting investors, and improving the judiciary," expressing his country's ambition to be "an active contributor to the stability and development of the region."

In conclusion, Barinia extended an open invitation to "all investors, regional and international financial institutions, businessmen, and countries," urging them to invest in Syria and contribute to its economic revival.

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