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US removes Syria's designation as State Sponsor of Terrorism

The move clears legal barriers for banks and investors as Washington says Damascus has taken steps to counter terrorism and stabilize the country.

  • On Monday, the State Department officially removed Syria from the State Sponsors of Terrorism list and revoked the terrorist designation of the Nusrah Front, also known as Hayat Tahrir al-Sham, fulfilling President Trump's commitment to the post-Assad government.
  • President Trump met Ahmed al-Sharaa in Ankara in July and notified Congress of his intent to rescind the designation, triggering a 45-day review period; the terrorism listing had remained a major deterrent for banks and investors despite comprehensive sanctions ending in July 2025.
  • Treasury Secretary Scott Bessent said the action fosters additional investment in Syria, while American financial institutions can now provide services to Syrian banks provided sanctioned parties are not involved; Mastercard and Bank of America have already begun preparing payment infrastructure.
  • Syrian Foreign Minister Asaad al-Shibani told Reuters on Saturday that the government hoped removing what he called the 'last obstacle' would help reconnect Syria to the global financial system; "There is no longer any obstacle to investment, doing business and rebuilding economic life in Syria," he said.
  • Negotiations between Damascus and Washington included Syrian commitments to drastically reduce Russian oil imports according to sources familiar with the talks, while the United States continues to designate Cuba, Iran, and North Korea as the three countries designated as state sponsors of terrorism.
Insights by Ground AI

61 Articles

Lean Left

Syria benefits from further sanction relief from the Trump administration. For international companies and banks, business is now likely to become easier there.

·Germany
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Center

Syria is no longer on the US list of state terrorist supporters.

·Germany
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Lean Left

The U.S. Treasury Department officially removed Syria from its list of "states sponsoring terrorism," in line with President Donald Trump's Syria policy. The U.S. also removed the terrorist organization status of the jihadist group Hayat Tahrir al-Sham (HTS), thus removing it from the sanctions list.

·Istanbul, Türkiye
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The Cradle broke the news in Beirut, Lebanon on Sunday, August 23, 2026.
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