“For nearly five decades, Syria’s designation as a state sponsor of terrorism resulted in severe restrictions on financing and exports and contributed to significant hesitation and overcompliance among banks and investors who were reluctant to engage with Syria, fearing secondary sanctions,”

Obai Kurd Ali · said date not stated · reported 2026-08-25

Kurd Ali explains that Syria's decades-long terrorism designation caused severe financing and export restrictions and bank overcompliance.