07/22/2026
On July 13, the U.S.-Syria Business Council convened the First Annual U.S.-Syria Business Forum in Damascus, bringing together high-level government officials, business leaders, investors, and industry experts to explore practical pathways for investment, economic reform, and long-term private-sector collaboration across Syria's evolving economy.
With more than 500 attendees, the Forum marked a significant milestone in strengthening U.S.-Syria commercial dialogue and advancing new opportunities for trade and investment. Hosted in partnership with our Diamond Sponsor, Squire Patton Boggs, the full-day conference featured 8 panel discussions, more than 40 speakers, an evening networking dinner reception, a dedicated B2B Matchmaking Hub with over 12 participating companies, and a series of private side meetings connecting visiting companies with senior Syrian officials.
The program featured keynote addresses by H.E. Dr. Nidal Al-Shaar, Minister of Economy and Industry; U.S. Deputy Assistant Secretary of State Jacob McGee; Yousef Qiblawy, CEO of the Syria Petroleum Company; Timothy Lenderking, Principal at Squire Patton Boggs and former Senior U.S. State Department Advisor; as well as USSYBC leaders, Issam Ghreiwati and Jay Salkini.
Throughout the day, participants also heard from senior Syrian officials, including the Ministers of Finance, Communications and Information Technology, and Transportation, the Governor of the Central Bank of Syria, the Chairman of the Syrian Investment Authority, and the Director of American Affairs at the Ministry of Foreign Affairs and Expatriates.
The Forum took place at a pivotal moment in U.S.-Syria relations, following President Trump's announcement of his intention to remove Syria from the U.S. State Sponsors of Terrorism (SST) list. Against this backdrop, the discussions reflected growing momentum toward deeper commercial engagement and private-sector partnership between the United States and Syria.
The U.S.-Syria Business Council remains committed to serving as a bridge between American and Syrian businesses by convening high-level dialogue, facilitating strategic partnerships, supporting responsible investment, and promoting an open, transparent, and investment-ready business environment. We look forward to building on the momentum generated at this inaugural Forum and continuing these conversations in the months ahead.
Finally, we extend our sincere gratitude to our sponsors and partners for helping make the inaugural U.S.-Syria Business Forum a tremendous success: the Syrian Ministry of Economy and Industry, Squire Patton Boggs, Chevron, GardaWorld, The Syria Report, the Syria Mosaic Foundation, Constellis, Jubaco CAT, Bidayah, SYNC, M&M Al Bader Est., Audere, Mukan Group, MFA Logistics, the Trans-Atlantic Strategic Programs Association, Synergy, the Syrian American Council, and Motif.