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Lebanon and Syria Reset Economic Ties After Assad Era

Following the 2024 ousting of Bashar al-Assad, Lebanon and Syria are dismantling decades of restrictive trade policy to forge a new bilateral framework. Lebanese economy minister Amer Bisat confirmed that officials have begun reviewing over 40 agreements in Damascus, signaling a definitive break from the previous half-century of guarded relations.

Lebanon and Syria Reset Economic Ties After Assad Era

The diplomatic pivot follows a long period of strained interdependence, characterized by the Syrian military presence in Lebanon that spanned nearly thirty years. With the transition in Damascus, both governments are now prioritizing economic stability over the legacy of the Assad regime. A joint committee, formed this past July, holds the mandate to scrutinize existing pacts governing investment, visa regulations, and general trade protocols.

Bisat described the current negotiations as the most significant bilateral partnership effort for both nations, aiming to replace outdated structures with sustainable, modern trade links. By auditing the agreements signed during the previous administration, the two countries seek to clear logistical hurdles that have long hampered cross-border commerce and regional integration.

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