After a six-month hiatus, trading has resumed on the Damascus Securities Exchange, coinciding with efforts by Syria's new leaders to reconstruct the economy post-civil war. Syrian Finance Minister Mohammed Yisr Barnieh highlighted this move as a sign of recovery, indicating that the exchange will now operate as a private entity facilitating business and investment. Easing international restrictions, particularly the lifting of sanctions by the EU and the US, is pivotal. However, continued pressure exists, as new sanctions apply to specific individuals involved in violence.
Syrian Finance Minister Mohammed Yisr Barnieh stated that the reopening signifies economic recovery, transforming the stock exchange into a private company focused on development.
EU’s foreign policy chief Kaja Kallas mentioned that lifting sanctions is a historical gesture aimed at supporting Syria’s recovery and political transition.
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