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In a surprising move, President Trump announced the lifting of sanctions on Syria, sparking optimism among Syrians for economic reintegration and recovery after years of war and dictatorship. The Syrian pound strengthened significantly following the announcement, but analysts caution that the removal of sanctions is complex and may take time, with essential reforms needed for long-term growth. Despite regional support for Syria’s new leadership, the U.S. has historically maintained a cautious stance, indicating that tangible benefits from sanctions relief could be a lengthy process.
