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LONDON DAILY ARCHIVE

Syria to Reconnect to Global Economy After 14 Years of Isolation

Country to rejoin SWIFT system amid efforts to rebuild economy

09 June 2025 · 10:52 UTC

Syria is set to reconnect to the SWIFT international payment system within weeks, marking a significant step toward reintegration into the global economy after 14 years of war and sanctions.

The move follows the ousting of former leader Bashar al-Assad and the establishment of a transitional government.

Rejoining SWIFT will facilitate international trade and financial transactions, aiding Syria's efforts to rebuild its devastated economy and attract foreign investment.