EU foreign policy chief Kaja Kallas has proposed a further loosening of European sanctions on Syria to allow funding for Syrian ministries in areas including reconstruction and migration, according to a document seen by Reuters.

But the country must also modernise monetary policy, rewire banking and reconnect with global markets, argues Abdulkader Husrieh

US President Donald Trump on Wednesday had tea with a former jihadist who until recently had a $10 million US bounty on his head.

Five months after its liberation from the police state of Bashar al-Assad, Syria sometimes looks like a country in civil war. Sectarian clashes have turned into street battles with rockets and mortars.

Syria's economic turmoil worsened in 2019 when neighbouring Lebanon, with which it has extensive economic and financial ties, also descended into crisis. Damascus then introduced a plethora of exchange rates for different transactions to safeguard scarce hard currency.

President Trump bucked critics in his administration and security hawks in Israel in his decision to lift sanctions on Syria and embrace its new leader, a U.S.-designated terrorist who formerly

The foreign ministers of Turkey, the United States and Syria will meet in southern Turkey on Thursday to discuss details of U.S. President Donald Trump's pledge to lift sanctions on Syria, Turkish Foreign Minister Hakan Fidan said on Wednesday.