Revitalizing Syria: The Role of Sanctions in Economic Recovery

A recent survey indicates a surprising optimism among Syrians following the fall of Bashar al-Assad, with many hopeful about the future and feeling freer. This sentiment presents a significant opportunity for interim President Ahmed al-Sharaa and Western nations to aid in rebuilding Syria. However, enduring sanctions hinder economic revival and foreign investment, raising concerns about potential violence if conditions do not improve. Easing sanctions could allow for recovery and management of extremism.

The aftermath of Bashar al-Assad’s fall in December has left Syria with significant economic and political instability, demonstrated through recent sectarian violence. However, a survey conducted prior to and following these events reveals a surprisingly optimistic view among Syrians, with 70% expressing hope for the future and 80% feeling freer than under Assad’s regime. This insight presents a crucial opportunity for both interim President Ahmed al-Sharaa and Western nations to assist in Syria’s recovery.

Despite the traumatic context, the survey results indicate that Syrians continue to trust Mr. Sharaa amid deep societal divisions. His recent formation of an interim cabinet, although initially criticized for its homogeneity, now includes diverse voices, which could enhance governance if appropriately empowered. Strengthening leadership while unifying the various armed factions is imperative for national security as Mr. Sharaa seeks to restore order and stability in this fractured society.

The primary challenge facing Mr. Sharaa involves the revitalization of Syria’s devastated economy, as highlighted by the poll which shows that 58% perceive economic conditions as stagnant or declining since his ascension. The lack of timely salaries for civil servants and reduced cash flow jeopardizes his support among the populace. Therefore, economic improvement is a pressing necessity for sustaining his leadership.

Western sanctions designed to isolate the previous regime now impede the new government’s efforts to reintegrate Syria into the global economy. Consequently, these restrictions deter foreign investment essential for reconstruction efforts and hinder access to international banking systems. The country has even had to rely on Russian oil, complicating its financial capabilities.

Although the West harbors concerns about supporting Mr. Sharaa, given his past affiliations, their inaction may inadvertently empower extremist factions. As noted, the ramifications of continued economic despair could trigger further violence. Therefore, conditional easing of sanctions should be considered, ensuring mechanisms are in place to maintain oversight should shifting allegiances occur. Presently, Mr. Sharaa’s assurances against extremist inclinations merit a chance for Syria to revitalize its society. The West’s involvement through lifted sanctions could provide Syrians with the opportunity to rebuild their lives after enduring protracted hardship.

In conclusion, despite the prevailing challenges in post-Assad Syria, a notable degree of optimism exists among the populace, reflecting a strong desire for rebuilding efforts. The interim leadership under Ahmed al-Sharaa must focus on economic revival and inclusive governance while securing unity among armed factions. Lifting Western sanctions can facilitate essential investments and resources, ultimately aiding in stabilizing Syria and providing its citizens with the opportunity for a sustainable future.

Original Source: www.hindustantimes.com