A non-public United Nations report revealed that sanctions monitors found no "active links" this year between al-Qaeda and the Islamist group leading Syria's interim government, Hay'at Tahrir al-Sham (HTS). This report comes at a time of growing speculation about the possibility of lifting international sanctions on Syria, which could have significant implications for the country's future.
Hay'at Tahrir al-Sham, formerly known as the al-Nusra Front, was an affiliate of al-Qaeda in Syria. However, it announced its separation from the organization in 2016. Last December, HTS led a lightning offensive that toppled the regime of Bashar al-Assad, and its leader, Ahmed al-Sharaa, assumed the position of interim president of Syria.
Diplomats expect the United States to seek the revocation of UN sanctions imposed on Hay'at Tahrir al-Sham and Ahmed al-Sharaa. Former US President Donald Trump announced a major shift in US policy towards Syria and issued an executive order to lift sanctions. Washington also removed HTS from the list of foreign terrorist organizations.
Diplomats, humanitarian organizations, and regional analysts believe that lifting sanctions could help rebuild Syria's devastated economy, steer the country away from authoritarianism, and reduce the appeal of extremist groups. It could also open the door to new opportunities for American companies and reduce the influence of Iran and Russia in the region.
The United States faces diplomatic challenges in its bid to gain the support of the Security Council for lifting sanctions. Washington needs to win the support of countries like Russia, which has been a key ally of Syrian President Bashar al-Assad. There are also concerns about the status of foreign fighters who joined Hay'at Tahrir al-Sham during the 13-year Syrian conflict.
Reports indicate that some foreign fighters are refusing to join the new Syrian army, considering Ahmed al-Sharaa a traitor. This increases the risk of internal conflict and makes al-Sharaa himself a potential target for attacks.
Regardless of the political decisions related to sanctions, the humanitarian and economic situation in Syria remains complex and requires a comprehensive approach. Reconstruction, the provision of basic services, and addressing the issues of refugees and internally displaced persons are all challenges that require international cooperation and sustainable efforts.
Risk Warning and Disclaimer: This article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform. Trading Contracts for Difference (CFDs) involves high leverage and significant risks. Before making any trading decisions, we recommend consulting a professional financial advisor to assess your financial situation and risk tolerance. Any trading decisions based on this article are at your own risk.
