Launch of U.S.-Syria Business Council Promises Trade Opportunities

Author: Logan Wright Updated: 06-25-2025 06:09 AM

U.S.-Syria Business Council Formally Established

The commencement of the U.S.–Syria Business Council (USSBC) marks a significant milestone in rebuilding financial and commercial relationships between the two nations. This independent, nonprofit trade association is headquartered in Washington, D.C. Its launch is timely, establishing a platform for economic dialogue and cooperation.

Highlights from the Banking Roundtable

Just after its initiation, the USSBC gathered senior representatives from U.S. and international financial institutions, notable figures from Syria's banking sector, and members of governmental organizations like the United States and European Union. The roundtable brought forth discussions centered around revitalizing institutional trust.

Experts Weigh In

Sameer Saboungi, a founding member of the USSBC and legal expert, remarked that this roundtable marks a crucial beginning in re-establishing dialogues between the American and Syrian banking sectors. The sessions aimed at fostering confidence in Syria's financial services to support economic recovery.

Council's Objectives and Future Initiatives

Dedicated to smoothing trade channels and promoting professional exchanges, the USSBC plans to focus on sectors essential to Syria's reconstruction. Their agenda includes organizing trade missions, investment forums, and providing market insights for businesses wishing to enter either economy.

Founding Board Members

The council enjoys the leadership of a diverse group, including experts from various fields such as law and business. Members include Jay Salkini, the CEO of Tecore Networks, and Abdulhamid Akel, Co-Founder of T-Cetra, among others who embody the council's mission of fostering economic prosperity.

Supporting Economic Restoration

The USSBC emphasizes its commitment to assist U.S. businesses in navigating opportunities within Syria. The council aims to play a vital role in re-establishing trust and promoting the kind of engagement that leads to mutual benefits for both nations.

A Vision for the Future

As expressed by Issam Ghreiwati, President of the Damascus Chamber of Commerce, the USSBC stands as a promising economic entity designed to aid Syria in its reconstruction journey, thereby paving the way for productive partnerships between Damascus and Washington.

Invitation for Collaboration

The U.S.–Syria Business Council is ready to welcome businesses, investors, and stakeholders interested in a transformative economic partnership. It is committed to providing a reliable platform for knowledge sharing, strategic insights, and sector-focused collaboration.

Frequently Asked Questions

What is the purpose of the U.S.–Syria Business Council?

The USSBC aims to encourage trade, facilitate exchanges, and support investments between the U.S. and Syria.

Who are some of the founding members of the council?

Founding members include leaders like Jay Salkini from Tecore Networks and Abdulhamid Akel from T-Cetra.

What initiatives does the USSBC plan to undertake?

The USSBC plans to organize trade missions, investment forums, and provide market insights to assist businesses.

How does the council support the Syrian economy?

The council aims to rebuild trust and promote U.S.-Syrian economic engagements to aid Syria's recovery.

How can businesses get involved with the USSBC?

The council invites businesses and investors to collaborate and explore economic opportunities through strategic partnerships.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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