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Lebanon-Syria: An economic relationship of hopes and challenges


Lebanon-Syria: An economic relationship of hopes and challenges

Accolade in Damascus between caretaker Lebanese Prime Minister Najib Mikati and the new Syrian leader, Ahmad al-Sharaa, on Jan. 11, 2025. Photo provided by the office of the Lebanese PM.

On January Jan. 11, 2025, during his first meeting with a Lebanese official, the leader of the new interim Syrian President Ahmad al-Sharaa highlighted a crucial economic issue: the fate of Syrian deposits frozen in the Lebanese banks.By implicitly linking them to the return of Syrian refugees, he took us back to the complex interdependence between the two nations, while hinting at new dynamics. This meeting, which comes at a pivotal moment, raises many questions: Are we finally seeing the beginning of a new and more structured economic cooperation between Beirut and Damascus, or is it yet another episode of veiled tensions?The relationship between Lebanon and Syria has always been marked by a duality: an obvious geographic and human proximity, but also deep political and economic contrast.The historical ties of exchanges between the two...
On January Jan. 11, 2025, during his first meeting with a Lebanese official, the leader of the new interim Syrian President Ahmad al-Sharaa highlighted a crucial economic issue: the fate of Syrian deposits frozen in the Lebanese banks.By implicitly linking them to the return of Syrian refugees, he took us back to the complex interdependence between the two nations, while hinting at new dynamics. This meeting, which comes at a pivotal moment, raises many questions: Are we finally seeing the beginning of a new and more structured economic cooperation between Beirut and Damascus, or is it yet another episode of veiled tensions?The relationship between Lebanon and Syria has always been marked by a duality: an obvious geographic and human proximity, but also deep political and economic contrast.The historical ties of exchanges between the...
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