Jordan Chamber of Commerce President Welcomes U.S. Sanctions Lift on Syria, Sees Economic Boost Ahead

Domestic Newsfeature

The President of both the Jordan and Amman Chambers of Commerce , Khalil Al-Haj Tawfiq, welcomed U.S. President Donald Trump’s announcement to lift all sanctions imposed on Syria, affirming that the move will strengthen economic relations between Jordan and Syria.

In a statement to Jordan’s Al-Mamlaka TV, Al-Haj Tawfiq said the decision will also create opportunities for Jordan’s construction sector to take part in Syria’s reconstruction process.

He noted that banking activities with Damascus are expected to gain momentum following the sanctions lift.

“The banking sector is the lifeline for all other sectors, including imports and exports,” he added, stressing that the removal of restrictions will allow for more dynamic trade and financial interactions between the two countries.

Rawaa Ghanam

#syria_times

Latest news
Muslim World League Welcomes EU’s Lifting of Sanctions on Syria as a Positive Step Forward Restoration Project of the Cultural Stairway Launched in Lattakia privince Syrian-Jordanian Agreement on Unified Fees… and 11 Weekly Flights to Damascus Jordanian Foreign Minister: My Visit to Damascus Was Fruitful Minister of Local Administration and Environment Discusses Cooperation with Swiss Mission in Damascu... Damascus Chamber of Commerce: lifting economic sanctions is a positive step toward rebuilding bridge... Jordanian Delegation to Visit Syria Next Week to Explore Economic and Investment Cooperation U.S. Secretary of State: Action must be taken at the congressional level to develop the private sect... Syrian , Turkish Defense Officials Discuss Enhancing Cooperation to Support Regional Stability Turkish Minister of Treasury and Finance: A Stable and Prosperous Syria Is a Major Gain for the Regi... Minister of Education Discusses Support for Education Sector with UK Minister for the Middle East Minister of Health Discusses Opportunities for Joint Cooperation with Head of Global Development at ... Syria , Jordan Sign MoU to Establish High Coordination Council Press conference for Minister of Foreign Affairs and Expatriates Al-Sheibani and his Jordanian count... UN , Saudi Arabia Sign Agreement to Rehabilitate Bakeries in Syria Minister of Health meets a number of his counterparts in Geneva Syria is among the world's top 10 pistachio-producing countries Foreign Minister Al-Sheibani Receives a  High-Level Jordanian Delegation in Damascus to Establish Jo... Kallas: We hope the EU will reach a decision today to lift sanctions on Syria Jordanian Foreign Minister Ayman Safadi Visits Damascus at the Head of a High-Level Ministerial Dele...