New york: The US Treasury Department has welcomed the reactivation of the Central Bank of Syria's account at the Federal Reserve Bank of New York. This marks the first time the account has been operational since 2011.

According to Qatar News Agency, the department stated on its X platform that lifting sanctions was the initial step toward realizing President Donald Trump's vision for a prosperous Syria. It also affirmed its commitment to collaborating with the new Syrian government to responsibly reintegrate the country into the global financial system.

The Central Bank of Syria announced on February 28 that it had completed the settlement of its banking relations with the Federal Reserve and reopened its account. This move enhances Syria's integration into the international financial system.