The removal of US sanctions on Syria marks a significant step towards the country's reintegration into the global financial system, offering an economic boost after years of isolation. This decision, announced by President Trump on July 8 and effective from Monday, following a 45-day congressional review period, removes one of the last major barriers preventing Syrian banks from reconnecting with the global community. Syria's designation as a "state sponsor of terrorism" since 1979 under Hafez al-Assad had resulted in severe financial and trade restrictions, contributing to Syria's economic instability and isolation during its nearly 14-year war. The lifting of these sanctions reduces legal risks for banks working on Syria-related financing or transactions and allows for increased US foreign assistance to Syria. This move is expected to stimulate financial flows and investment into the country, though experts stress that a long path of reforms and sound governance are essential to address Syria's deep-rooted economic struggles and regain investor confidence.