Global Insider: Syria’s Creative Maneuvers to Evade Sanctions Prove Insufficient

Last week, Syria’s currency lost nearly a third of its value, the latest blow to an economy damaged by years of sanctions and war. In an email interview, Samer Abboud, an assistant professor at Arcadia University who has researched Syria’s political economy, explained the sanctions against Syria and the sectors most deeply affected by them. WPR: What is the state of the sanctions regime on Syria, in terms of measures existing before the war began and those enacted since? Samer Abboud: The U.S. sanctions prior to the conflict were mostly symbolic and had limited material impact on the economy. After […]

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