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Entering Syria after sanctions: a practical checklist

Brader & Partners  ·  5 September 2026  ·  6 min read

United States sanctions on Syria were lifted in 2025, and in August 2026 the country’s designation as a State Sponsor of Terrorism was removed — described by officials as eliminating the final major barrier to private-sector investment. The market is open. But “open” is not the same as “easy”: the firms that succeed will be the ones that enter deliberately. Here is the checklist we walk clients through.

1. Confirm your own position first

The headline is clear, but the detail depends on your jurisdiction, your bank and your counterparties. Before committing, confirm your specific position with qualified legal counsel. Treat this as the first task, not the last.

2. Choose a partner and structure

3. Screen everyone you touch

Run background and sanctions-exposure checks on partners, key hires and major counterparties. In a reopening market this is your single most important risk control — one wrong association can undo an entire entry.

4. Solve banking and payment early

Payment and currency friction is the practical headache of a reopening market. Structuring and invoicing engagements offshore removes much of it — sort this before you sign, not after.

5. Hire leadership before you scale

Your first hire — usually a country manager or project lead — sets the trajectory. Secure trusted senior leadership, including from the diaspora, before building out teams beneath them.

6. Do property and title diligence

After years of conflict and displacement, land and property records can be contested. Verify title and site status independently before committing capital to a location.

7. Build in standards and HSE from the start

Bake the engineering codes and HSE certification your project will require into planning and hiring from day one, rather than discovering the gap at mobilisation.

The market rewards speed — but only for those who have de-risked the fundamentals first.

8. Phase your entry

Start with a defined pilot or first mandate, prove the operating model, then scale. A staged entry keeps your exposure controlled while the environment continues to normalise.

Building in Syria?

We place senior talent with compliance screening built in, and back it with full engineering delivery — one partner from strategy to commissioning.

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