In a recent interview with Bloomberg, our Sanctions Lead Analyst Vittorio Maresc explained why banking sanctions are doing the most damage—cutting Syria off from the global financial system.
He also warned:
– “Cessation” of sanctions is legally ambiguous.
– Terrorism designations prevent any diplomatic or financial engagement.
– The allies—like Saudi Arabia and Turkey—are already laying the groundwork for normalization.
Without lifting financial and counterterrorism restrictions, recovery is structurally blocked, regardless of political shifts.