Syria is unable to make deals to import fuel, wheat or other key goods due to strict US sanctions on the country and despite many countries, including Gulf Arab states, wanting to do so, Syria’s new Trade Minister said, Reuters reports.
In an interview with Reuters at his office in Damascus, Maher Khalil Al-Hasan said the country’s new ruling administration had managed to scrape together enough wheat and fuel for a few months but the country faces a “catastrophe” if sanctions are not frozen or lifted soon.
Hasan is a member of the new Syrian caretaker government set up by Islamist rebel group, Hayat Tahrir Al-Sham, after it led an offensive that toppled former President Bashar Al-Assad on 8 December. The sanctions were imposed during Assad’s rule, targeting his government and also state institutions.
OPINION: Syria new leaders face economy decimated by war, sanctions