Trump meets new Syria leader after lifting sanctions

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Al-Sharaa was named president of Syria in January, a month after a stunning offensive by insurgent groups led by Al-Sharaa’s Hayat Tahrir Al-Sham, or HTS, stormed Damascus and ended the 54-year rule of the Assad family. (AFP)
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Al-Sharaa was named president of Syria in January, a month after a stunning offensive by insurgent groups led by Al-Sharaa’s Hayat Tahrir Al-Sham, or HTS, stormed Damascus and ended the 54-year rule of the Assad family. (AFP)
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Al-Sharaa was named president of Syria in January, a month after a stunning offensive by insurgent groups led by Al-Sharaa’s Hayat Tahrir Al-Sham, or HTS, stormed Damascus and ended the 54-year rule of the Assad family. (AFP)
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Al-Sharaa was named president of Syria in January, a month after a stunning offensive by insurgent groups led by Al-Sharaa’s Hayat Tahrir Al-Sham, or HTS, stormed Damascus and ended the 54-year rule of the Assad family. (AFP)
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Al-Sharaa was named president of Syria in January, a month after a stunning offensive by insurgent groups led by Al-Sharaa’s Hayat Tahrir Al-Sham, or HTS, stormed Damascus and ended the 54-year rule of the Assad family. (AFP)
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Updated 14 May 2025
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Trump meets new Syria leader after lifting sanctions

  • Al-Sharaa was named president of Syria in January, a month after a stunning offensive by insurgent groups
  • Trump said he agreed to meet with Al-Sharaa after being encouraged to do so by Saudi Crown Prince Mohammed bin Salman

RIYADH: Donald Trump became the first US president in 25 years to meet a Syrian leader on Wednesday after he offered sanctions relief in hopes of offering a new path to the war-battered country.

Trump, in Riyadh on the first state visit of his second term, met with Ahmed Al-Sharaa, an erstwhile Islamist guerrilla turned interim president after the December of longtime strongman Bashar Assad.

The two held brief talks ahead of a larger gathering of Gulf leaders in Saudi Arabia during Trump’s tour of the region, a White House official said.

No US president has met a Syrian leader since Bill Clinton saw Hafez Assad, Bashar’s father, in Geneva in 2000 in a failed effort to persuade him to make peace with Israel.

Trump announced on Tuesday that he was lifting “brutal and crippling” Assad-era sanctions on Syria in response to demands from Sharaa’s allies in Turkiye and Saudi Arabia — in his latest step out of tune with US ally Israel.

Trump said it was Syrians’ “time to shine” and that easing sanctions would “give them a chance at greatness.”

Syrians celebrated the news, with dozens of men, women and children gathering in Damascus’s Umayyad Square.

“My joy is great. This decision will definitely affect the entire country positively. Construction will return, the displaced will return, and prices will go down,” said Huda Qassar, a 33-year-old English-language teacher.

The Syrian foreign ministry called Trump’s decision a “pivotal turning point” that would help bring stability.

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The United States imposed sweeping restrictions on financial transactions with Syria during the brutal civil war and made clear it would use sanctions to punish anyone involved in reconstruction so long as Assad remained in power without accountability for atrocities.

Trump gave no indication that the United States would remove Syria from its blacklist of state sponsors of terrorism — a designation dating back to 1979 over support to Palestinian militants that severely impedes investment.

Other Western powers including the European Union have already moved to lift sanctions but the United States had earlier held firm on conditions.

A senior envoy of the Joe Biden administration met Sharaa in Damascus in December and called for commitments, including on the protection of minorities.

In recent weeks, Syria has seen a series of bloody attacks on minority groups, including Alawites — the sect of the largely secular Assad family — and the Druze.

Israel has kept up a bombing campaign against Syria both before and after the fall of Assad, with Israel pessimistic about change under Sharaa and hoping to degrade the military capacity of its longtime adversary.

Rabha Seif Allam of the Al-Ahram Center for Political and Strategic Studies in Cairo said that the easing of US sanctions would allow Syria to reintegrate with the global economy, including by allowing bank transfers from investors and some of the millions of Syrians who fled during the civil war.

“Lifting sanctions will give Syria a real opportunity to receive the funding needed to revive the economy, impose central state authority and launch reconstruction projects with clear Gulf support,” she said.


Syria begins circulating new post-Assad currency bills

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Syria begins circulating new post-Assad currency bills

  • Presidential decree said new Syrian currency will be issued by removing two zeros from the nominal value of the old currency
  • Central Bank govenor says Syrians can now exchange old Syrian pounds with new banknotes
DAMASCUS, Syria: Syria started the process of circulating new currency bills on Saturday as the nation seeks to stabilize the economy as it recovers from the fall of Bashar Assad’s government.
A decree issued earlier this week by President Ahmad Al-Sharaa said that “old Syrian currency” will be gradually withdrawn from circulation according to a timetable set by the central bank and through designated exchange centers.
Central Bank Governor Mokhles Nazer posted on X that after months of preparations, the exchange of old Syrian pounds with new banknotes officially began Saturday morning.
The presidential decree posted on the SANA state news agency stipulates that “new Syrian currency” will be issued by removing two zeros from the nominal value of the old currency. It means every 100 Syrian pounds of the old currency will now equate to one Syrian pound.
The largest denomination of the old currency was 5,000 Syrian pound, while under the new currency it is 500 pounds.
The US dollar was selling at exchange shops in Damascus on Saturday for 11,800 pounds for the old banknotes, some of which bear the images of Assad and his late father and predecessor, Hafez Assad.
At the start of Syria’s conflict in mid-March 2011, the US dollar was worth 47 Syrian pounds.
Since insurgent groups led by Al-Sharaa’s Hayat Tahrir Al-Sham marched into Damascus in December 2024 to end the Assad family’s 54-year rule, work has been ongoing by the country’s new authorities to improve the economy battered by years of war and Western sanctions.
The US and the European Union have removed most of the sanctions imposed on Syria during Assad’s rule.