An end to U.S. sanctions on Syria is expected to mark a new era for an economy devastated by 13 years of war, opening the way for investment flows from the Syrian diaspora, Turkey, and Gulf states that back the new government.

Assad, business owners have been waiting for Washington to ease sanctions and pave the way for an economic renewal.

Secretary of State Marco Rubio said the Trump administration will offer Syria initial economic relief by seeking a 180-day waiver to sanctions imposed by Congress, with the longer-term goal of removing the restrictions entirely.