Syria hails U.S. Senate vote to repeal Caesar Act, opening door for investment
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Syria’s Foreign Minister, Asaad al-Shaibani, expressed gratitude to the U.S. Senate for supporting the Syrian people by voting to repeal the Caesar Act.
In a post on X, al-Shaibani described the move as “a positive development that opens new horizons for cooperation and partnership between our country and the world.”
On Wednesday, the U.S. Congress approved the repeal of sanctions imposed on Syria under the Caesar Act, legislation first enacted in 2019 during the rule of former Syrian president Bashar al-Assad.
The decision paves the way for the potential return of foreign investment to Syria after years of war.
The repeal was included in the national defense strategy approved by the U.S. Senate on Wednesday with a vote of 77 to 20.
The U.S. House of Representatives had approved the measure last week. It now awaits the signature of the U.S. President to become law. The current U.S. administration had previously voiced support for lifting the sanctions.