Morning Edition · Thursday, July 9, 2026UpdatedPublished at 7:02 AM EDT · New York
The announcement at the NATO summit would clear a major legal barrier to reintegrating Syria into the global financial system.

Updated at 7:02 AM EDT
Trump moved from a verbal statement to formally notifying Congress, starting a 45-day review, following his meeting in Ankara with Syrian President al-Sharaa.
Trump formally notified Congress on Wednesday of his decision to remove Syria from the US list of state sponsors of terrorism, a step he first announced at the NATO summit in Ankara, Al Jazeera reported. Secretary of State Marco Rubio said the removal would take effect after a 45-day congressional review period, during which lawmakers could attempt to block it, France 24 reported. The notification followed Trump's meeting in Ankara with Syrian President Ahmad al-Sharaa, who led the offensive that removed Bashar al-Assad in December 2024. The designation, in place for decades, carries sweeping financial and trade restrictions, and its removal would begin to reconnect Syria to international banking, investment and reconstruction finance.
The move fits a broader realignment underway across the region. Delisting is the legal precondition for foreign capital to enter a country that has been cut off from the dollar-based financial system, and it allows reconstruction contracts, energy investment and normal trade.
The economic stakes are concrete. A country cut off from correspondent banking cannot easily import, export, or attract investment, so removal from the list is less a symbolic gesture than a practical step that can restore commerce, subject to remaining sanctions.
The step also reflects a change in American alignment in the Middle East, in which old designations are being reconsidered as Washington recalculates its partnerships. For investors, the signal is that jurisdictions long treated as uninvestable can re-enter the system when politics change.
Syria's government under Ahmed al-Sharaa, regional reconstruction contractors, and energy developers positioned to re-enter a market long cut off from dollar finance.
Trump has notified Congress of intent to rescind the 1979 designation, but the move requires a 45-day Congressional review to become final and leaves separate sanctions in place, so reintegration is a stated process, not an accomplished fact.
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What this means
The channel is access to the dollar financial system. Removing the terrorism designation lets banks, reconstruction firms and energy investors deal with Syria without the same legal exposure, which could enable reconstruction spending and cross-border trade over time. The winners would be regional contractors, energy developers and neighboring economies positioned to supply a rebuilding effort, while the pace depends on how quickly remaining sanctions are also lifted.
What to watch
Source: Al Jazeera
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