Damascus: Syrian officials held talks in Damascus on Monday with a US business delegation representing 50 companies, as the two sides explored investment opportunities and ways to expand economic partnerships. The discussions marked a significant step in fostering economic relations between Syria and the United States.

According to Qatar News Agency, the delegation, which includes more than 80 participants from a range of sectors, is the first mission by US Chamber of Commerce to Syria. Steve Lutes, the chamber's vice-president for Middle East affairs, highlighted the importance of this visit in enhancing bilateral economic collaboration.

Ahmed Rawad Ramadan, head of the Syrian Investment Authority, stated that the visit coincides with Syria entering what he described as a new economic phase. He noted that Damascus was aiming for a more open economy, a stronger role for the private sector, and greater integration with the international economic system.

US Deputy Assistant Secretary of State Jacob McGee emphasized Washington's support for American businesses investing in the Syrian market. He mentioned that several US companies had already begun taking steps towards entering the market, signaling a promising future for US-Syria economic ties.

The visit follows the first Syrian-American Business Forum, held in Damascus in July, which brought together representatives from government ministries and business and trade communities from both countries, further solidifying the foundation for future economic cooperation.