Syria’s president makes first Visa payment after sanctions removal
Summary
Syria’s president used a Visa card for the first time after the US removed Syria from its list of State Sponsors of Terrorism. This change ended over 15 years of US sanctions that blocked Syrians from using the global banking system.Key Facts
- The US removed Syria from its State Sponsor of Terrorism list recently.
- This removal lifted sanctions that had lasted more than 15 years.
- These sanctions had stopped Syrians from accessing international banks and payment systems.
- A video shows Syria’s president making a payment with a Visa card.
- The use of the Visa card happened one day after the US decision.
- Visa is a major global payment network.
- The change signals a possible easing of economic restrictions on Syria.
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