Aug. 24 (UPI) — The U.S. State Department officially delisted Syria as a state sponsor of terrorism on Monday, marking a significant step toward the country’s reintegration into the global economy and the international community.

The announcement by Secretary of State Marco Rubio comes about a month and a half after President Donald Trump informed Congress of his intent to lift Syria’s decades-old terrorism designation that barred it from most U.S. foreign assistance and clamped down on what could be exported to it. It also meant the United States would oppose foreign institutions, such as the World Bank, granting it loans.

Along with the delisting of Syria, Rubio said he also removed Hay’at Tahrir al-Sham, the coalition of northern Syria-based Sunni Islamist groups that led the military campaign that toppled Syrian President Bashar Al-Assad in late 2024, from its list of specially designated global terrorists.

“These actions were all taken in recognition of the positive actions taken and further commitments by the Syrian government under President Ahmed al-Sharaa to fully distance Syria from acts of international terrorism,” Rubio said in a statement, listing as reasons Damascus’ joining the Global Coalition to Defeat the Islamic State and conducting terrorism-disrupting operations targeting ISIS and Iran-backed Hezbollah.

Rubio said removing the designations “eliminates the final major barrier for private sector investment in Syria and promotes economic recovery and reintegration into the global economy.”

Al-Sharaa issued a statement congratulating the Syrian people on their country’s removal from the U.S. state sponsors of terrorism list.

“Today, Syria is casting off a black mark from its shoulders, and with its own hands, tearing out a page from its painful past, so that it may set out toward development, reconstruction and building,” he said in a recorded statement.

“Great people of Syria, you have done it again. The sanctions have been lifted from you and the restrictions have been removed. I ask almighty God to help us serve you.”

Syria was among the first countries designated by the United States as a state sponsor of terrorism in 1979 over its hostility to Israel, fighting with Lebanon, partnership with Iran, alignment with Russia, support for terrorist groups and development of weapons of mass destruction, according to a Congressional Research Service report.

Since the fall of al-Assad in late 2024, Syria’s relations with the United States — and much of the Western world — have steadily improved. In June, Trump signed an executive order ending most U.S. sanctions on Damascus and informed Congress in July of his intent to delist it as a state sponsor of terrorism, starting the 45-day congressional notification clock before it could be formally removed.

“Lifting Syria’s designation as a state sponsor of terrorism is a historic step that returns it to its natural place within the global economic system,” Safwat Raslan, the governor of the Central Bank of Syria, said in a statement Monday.

“And we at the Central Bank of Syria are working to build a modern and reliable financial system, capable of keeping pace with and benefiting from all opportunities. And what is to come is better, God willing.”