Turkey Lifts Trade and Transit Restrictions on Syria to Enhance Economic Relations

Turkey has lifted trade and transit restrictions on Syria, a move aimed at boosting economic ties after the fall of Bashar al-Assad. Goods exchanged will now follow the same regulations applicable to other nations, with plans for tariff reviews and potential free trade agreement negotiations.

On February 11, 2025, Turkey’s trade ministry announced the lifting of trade and transit restrictions on Syria. This initiative marks a significant step towards enhancing economic relations following the fall of Syrian leader Bashar al-Assad. Goods traded between Turkey and Syria will now be treated similarly to those from other countries, streamlining processes at border crossings.

Since the onset of the Syrian civil war in 2011, relations between Turkey and Syria had deteriorated. Following the recent political changes in Syria, Turkey has begun strengthening connections with the new administration, expressing commitment to assist in the nation’s reconstruction.

The two countries have engaged in negotiations to reassess customs tariffs for specific goods and plan to discuss reinstating a free trade agreement that was suspended in 2011. This development signals a renewed focus on trade collaboration as Turkey aims to bolster economic ties with its neighbor.

The decision to lift trade restrictions signifies a strategic move by Turkey to reinforce its economic relationship with Syria post-Assad. By reassessing tariffs and potentially reinstating a free trade agreement, both nations appear to be aligning their economic interests for mutual benefit and growth. This development presents an opportunity for enhanced cooperation in rebuilding Syria’s economy.

Original Source: www.jpost.com