Turkey Enhances Economic Relations by Lifting Trade Restrictions with Syria

Turkey has lifted trade and transit restrictions with Syria, aligning trade conditions to match those with other countries. This development follows the fall of Assad and signals Turkey’s commitment to fostering economic ties and assisting in Syria’s reconstruction. Both nations are set to discuss customs tariffs and potentially reinstate a previously suspended free trade agreement.

On February 11, 2025, Turkey’s trade ministry announced the lifting of trade and transit restrictions with Syria, following the recent political changes in the neighboring country after the fall of Bashar al-Assad. Goods exchanged between Turkey and Syria will now adhere to the same regulations as trade with other countries. This decision represents Turkey’s commitment to enhancing commercial ties with the new Syrian administration.

Since cutting diplomatic ties in 2011 due to the onset of the Syrian civil war, Turkey has gradually resumed relations, now focusing on supporting Syria’s reconstruction efforts. Both countries have entered discussions to revisit customs tariffs on specific goods, as well as negotiations to potentially restore a free trade agreement that was put on hold in 2011.

As Turkey and Syria strengthen their economic relationship, this decision signifies a renewed era of partnerships and cooperation aimed at mutual benefit and regional stability.

In conclusion, Turkey’s recent decision to lift trade and transit restrictions with Syria marks a significant development in bilateral relations following the political changes in Syria. This move aims to enhance trade dynamics, facilitate reconstruction efforts, and restore prior agreements, fostering a cooperative economic environment between the two nations.

Original Source: www.jpost.com