The US said today that more than 18,000 companies have registered in Damascus and 1.5 million refugees have returned to Syria since Washington lifted sanctions against the country a year ago, Anadolu reports.

In a statement on the US social media company X, the US embassy in Syria said the US had decided to “give Syria a chance for greatness by lifting sanctions and opening the door to investment”. speak for themselves: over 18,000 companies registered in Damascus, 1.5 million returned refugees and billions of dollars in pledged investment,” the embassy said.

The embassy announced the launch of comprehensive investor guides to Syria, describing them as the most detailed market intelligence report available on Syria. The guidelines signal American confidence that Syria can be a reliable destination for investment, entrepreneurship and responsible integration, the embassy said.

According to the statement, investment opportunities exist in all sectors, including electricity, oil and gas, technology, telecommunications, real estate and banking. “American companies with their technological leadership, expertise and standards are uniquely positioned to fill many of the gaps Syria urgently needs,” the embassy added. “With smart governance, regional cooperation and responsible investment, opportunities can become reality,” she added.

On May 23 of last year, the U.S. issued a blanket license providing immediate sanctions relief for Syria, according to the Treasury Department.

“Syria must continue to work toward becoming a stable country that is at peace. We hope today’s decisions set the country on a path toward a future bright, prosperous and stable,” US Treasury Secretary Scott Bessent said in a statement.

This US decision followed years of sanctions imposed in response to the actions of the ousted Syrian regime.

Bashar al-Assad, Syria’s leader for nearly 25 years, fled to Russia after anti-regime groups seized control of Damascus in December 2024, ending decades of rule. Baath Party.

A transitional administration led by Ahmad al-Sharaa was formed in January 2025 and has since pursued broader international engagement and stronger cooperation with international and humanitarian institutions.

Source: prizrenpost