
Thomas Barrack: Syria's Joining Abraham Accords ‘Could Take Time'
Barrack said in an interview with The New York Times on Thursday that the administration wanted Syria to join the Abraham Accords, but 'this could take time' because Syria's new President Ahmed al-Sharaa could face resistance at home.
'He cannot be seen by his own people to be forced or coerced into the Abraham Accords,' Barrack said. 'So he has to work slowly.'
Trump tapped Barrack, an old friend and private equity investor, to help realize his vision for the Middle East, which the administration hopes will foster less conflict and more prosperity.
Trump made clear during his Mideast visit in May that lucrative business deals in sectors including arms and artificial intelligence were his priority, and his decision to bomb nuclear enrichment facilities in Iran last month showed his support for Israel and willingness to use force against American foes.
Barrack called the US administration's approach a departure from previous 'failed' American attempts at 'nation building' and from past efforts to shape how other governments rule.
Much of Barrack's work has focused on pushing Syria and Lebanon, both recovering from destructive wars, toward solving their own problems while rallying support from Qatar, Saudi Arabia, Türkiye and other regional partners.
It is unclear whether Trump's focus on prioritizing economic development over vocal support for democracy will fare better than the efforts of previous administrations to address some of the Middle East's most bedeviling problems, according to The New York Times.
Barrack, in his first diplomatic job at age 78, has been working his relationships with heads of state and other power brokers. He said that having a direct line to the White House and to Secretary of State Marco Rubio, and the fact that the administration had 'little patience for the region's resistance to helping itself,' had helped.
Much of Barrack's effort has focused on Syria, where the fledgling government of al-Sharaa is trying to rebuild the country after a 13-year civil war.
Trump signed an executive order this week aimed at ending decades of US sanctions on Syria.
Barrack said that instead of making strict demands, the administration had laid out objectives for the Syrian government to work toward while Washington monitored its progress.
Those indications would include finding a peaceful accommodation with Israel; integrating the US-backed, Kurdish-led militia that controls Syria's northeast; and investigating the fates of Americans who went missing during the war.
Progress on democratization and inclusive government will not happen quickly, Barrack said, and are not part of the US criteria.
American officials have expressed concerns about the thousands of fighters who came to Syria from abroad to take part in the war, mostly as part of militant groups.
Barrack said Washington realized that Syria could not expel those who remained and that they could pose a threat to the new government if they were excluded. So the Trump administration instead expects transparency about the roles they are given.
Lifting sanctions to encourage changes worked better than keeping them in place until Syria met specific demands, Barrack said.
'It is a brilliant way to accomplish the same thing, and these roll-on, roll-off sanctions have never worked anyway,' he said.
The new Syrian government's relations have been tense with Israel, whose military has moved into southern Syria and often carried out operations there. The talks aim to quiet the conflict along the border while laying the groundwork for better relations.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Arab News
22 minutes ago
- Arab News
Pakistan's PM condemns Israeli military assaults on Iran, Gaza
ISLAMABAD: Pakistani Prime Minister Shehbaz Sharif on Thursday condemned Israel's recent strikes on Iran and denounced the ongoing war in Gaza as a 'man-made catastrophe,' using his address at the Economic Cooperation Organization (ECO) summit to call out what he described as growing regional instability driven by foreign aggression. Sharif was speaking in the Azerbaijani city of Khankendi, where heads of state from the 10-member ECO bloc convened for the group's 17th summit. The ECO, founded in 1985 by Iran, Turkiye, and Pakistan, includes members from Central Asia, the Caucasus, and the Middle East. The 2025 summit is focusing on boosting intra-regional trade, connectivity, climate funding and sustainable development. 'My dear brothers and sisters, forces of instability and chaos continue to destabilize our region for their own geopolitical agendas,' Sharif said in his address. 'The unlawful, unjustified and uncalled for Israeli attack on Iran, a brotherly country and fellow ECO member state, [is] the most recent manifestation of this dangerous trend … Pakistan strongly condemns this act of Israeli aggression.' Some 935 people were killed in Iran during the 12-day air war with Israel, based on the latest forensic data, a spokesperson for the Iranian judiciary said on Monday, according to state media. Among the dead were 38 children and 132 women. Israel launched the air war on June 13, attacking Iranian nuclear facilities and killing top military commanders as well as civilians in the worst blow to the Islamic Republic since the 1980s war with Iraq. Iran retaliated with barrages of missiles on Israeli military sites, infrastructure and cities. The United States entered the war on June 22 with strikes on Iranian nuclear facilities. A tenuous ceasefire is holding. Sharif also directed global attention to the humanitarian crisis in Gaza. 'Unfortunately the world has been witnessing an unprecedented man-made catastrophe in Gaza, a region that has descended into an abyss of perpetual suffering,' he said. 'It is as if humanity no longer exists while famine looms large, humanitarian workers including UN personnel are being attacked by Israel with impunity to deliberately cut off the only lifeline of the helpless and starving people of Gaza.' He reiterated Pakistan's support for oppressed populations across the Muslim world, including Palestinians and Kashmiris. 'Pakistan stands firmly against those who perpetrate barbaric acts against innocent people anywhere in the world, whether in Gaza or Indian illegally occupied Jammu and Kashmir or Iran,' he said. The latest war in Gaza began when Hamas fighters stormed into Israel on October 7 2023, killed 1,200 people, most of them civilians, and took 251 hostages back to Gaza in a surprise attack that led to Israel's single deadliest day. Israel's subsequent military assault has killed more than 56,000 Palestinians, most of them civilians, according to the Gaza health ministry, displaced almost the whole 2.3 million population and plunged the enclave into a humanitarian crisis. More than 80 percent of the territory is now an Israeli-militarized zone or under displacement orders, according to the UN.


Arab News
43 minutes ago
- Arab News
Global Markets — stocks and dollar dip as Trump's spending bill passes, trade deal deadline nears
LONDON: Stocks slipped on Friday as US President Donald Trump got his signature tax cut bill over the line and attention turned to his July 9 deadline for countries to secure trade deals with the world's biggest economy. The dollar also fell against major currencies with US markets already shut for the holiday-shortened week, as traders considered the impact of Trump's sweeping spending bill which is expected to add an estimated $3.4 trillion to the national debt. The pan-European STOXX 600 index fell 0.8 percent, driven in part by losses on spirits makers such as Pernod Ricard and Remy Cointreau after China said it would impose duties of up to 34.9 percent on brandy from the EU starting July 5. US S&P 500 futures edged down 0.6 percent, following a 0.8 percent overnight advance for the cash index to a fresh all-time closing peak. Wall Street is closed on Friday for the Independence Day holiday. Trump said Washington will start sending letters to countries on Friday specifying what tariff rates they will face on exports to the US, a clear shift from earlier pledges to strike scores of individual deals before a July 9 deadline when tariffs could rise sharply. Investors are 'now just waiting for July 9,' said Tony Sycamore, an analyst at IG, with the market's lack of optimism for trade deals responsible for some of the equity weakness in export-reliant Asia, particularly Japan and South Korea. At the same time, investors cheered the surprisingly robust jobs report on Thursday, sending all three of the main US equity indexes climbing in a shortened session. 'The US economy is holding together better than most people expected, which suggests to me that markets can easily continue to do better (from here),' Sycamore said. Following the close, the House narrowly approved Trump's signature, 869-page bill, which averts the near-term prospect of a US government default but adds trillions to the national debt to fuel spending on border security and the military. Trade the key focus in Asia Trump said he expected 'a couple' more trade agreements after announcing a deal with Vietnam on Wednesday to add to framework agreements with China and Britain as the only successes so far. US Treasury Secretary Scott Bessent said earlier this week that a deal with India is close. However, progress on agreements with Japan and South Korea, once touted by the White House as likely to be among the earliest to be announced, appears to have broken down. The US dollar index had its worst first half since 1973 as Trump's chaotic roll-out of sweeping tariffs heightened concerns about the US economy and the safety of Treasuries, but had rallied 0.4 percent on Thursday before retracing some of those gains on Friday. As of 2:00 p.m. Saudi time it was down 0.1 percent at 96.96. The euro added 0.2 percent to $1.1773, while sterling held steady at $1.3662. The US Treasury bond market is closed on Friday for the holiday, but 10-year yields rose 4.7 basis points to 4.34 percent, while the two-year yield jumped 9.3 bps to 3.882 percent. Gold firmed 0.4 percent to $3,336 per ounce, on track for a weekly gain as investors again sought refuge in safe-haven assets due to concerns over the US's fiscal position and tariffs. Brent crude futures fell 64 cents to $68.17 a barrel, while US West Texas Intermediate crude likewise dropped 64 cents to $66.35, as Iran reaffirmed its commitment to nuclear non-proliferation.


Al Arabiya
an hour ago
- Al Arabiya
UBS, Goldman refused to open bank accounts for US-backed Gaza aid foundation: Sources
UBS declined a request by the Gaza Humanitarian Foundation (GHF) to open a bank account in Switzerland while Goldman Sachs did not set up a Swiss account for GHF after initial talks, two people with knowledge of the discussions told Reuters. GHF is a US- and Israeli-backed organization that began delivering humanitarian supplies to Palestinian civilians in Gaza in May, bypassing traditional aid channels including the United Nations. GHF had sought to open a bank account for a unit based in Geneva to help facilitate donations from outside the United States, two other people with knowledge of its plans said. The foundation started talks with lawyers and banks including UBS and Goldman last autumn about the Swiss entity's structure, before deciding to withdraw from Switzerland in May, they said. The two people declined to say which other banks GHF had engaged with and Reuters could not establish that information independently. GHF did not respond to questions about whether it had spoken to other banks. According to two of the people, the foundation's plans for a Geneva branch faced setbacks including a lack of donations and resignations of founding members, including GHF executive director Jake Wood, as well as difficulties opening a Swiss bank account. A GHF spokesperson told Reuters by email that the decision to withdraw from Switzerland was not because of any setbacks, adding: 'It was a strategic decision to be located in the US' One stumbling block in talks with banks was lack of transparency about where the foundation's funds would come from, one of the people with knowledge of the discussions told Reuters. Before accepting clients, banks must conduct due diligence to establish their identities and ownership, the nature of their business activities and their sources of wealth. GHF has not disclosed details of its finances. A GHF spokesperson said it has 'spoken about initial funding from Europe, but we don't disclose donors for their privacy.' Reuters reported on June 24 that the US government would give $30 million - its first known financial contribution - to GHF, now headed by Rev. Dr. Johnnie Moore, a former adviser to US President Donald Trump, after Wood quit in May. UBS was approached in late 2024 and did not accept GHF as a client after conducting compliance, risk and reputational due diligence, one of the people with knowledge of the talks said. A representative for UBS said the bank could not comment on matters related to potential, existing or former clients. GHF did not respond to questions from Reuters about UBS. The other person with knowledge of the discussions said GHF also held preliminary talks with Goldman Sachs about opening a bank account in Switzerland. Without giving details, that person said Goldman did not open an account and has no banking relationship with GHF in the United States either. An undated and unsigned GHF briefing document that Reuters reported details of on May 8 said the foundation had 'a verbal commitment from Goldman Sachs to establish a bank account' for a Swiss-based affiliate it was setting up. Reuters could not establish any details about Goldman's verbal commitment or why Goldman did not open an account for GHF. A spokesperson for Goldman Sachs declined to comment. A GHF spokesperson said the document was old and that it had decided not to commence operations in Switzerland and so 'walked away from discussions with banking entities there.' 'Our organization is US-based and has multiple highly reputable banking partners,' the spokesperson told Reuters, without giving details. GHF was incorporated in 2025 in Delaware, filings show, and has a US bank account with JPMorgan, according to a separate person with knowledge of the situation. A JPMorgan spokesperson declined to comment. Its briefing document reported by Reuters in May said it had 'secure banking and financial relationships' with JPMorgan and North Carolina-based Truist Bank. A Truist Bank representative said it does not discuss or confirm client relationships. Distribution GHF uses private US security and logistics companies to get supplies into Gaza, where it has been operating since May under a distribution plan described by the United Nations as 'inherently unsafe. ' Its operations have been beset by violence and chaos including deadly shootings of scores of Palestinians near its food distribution sites guarded by Israeli forces, Reuters has reported. The UN and other humanitarian groups have refused to work with GHF, questioning its neutrality and criticizing the new distribution model as militarizing aid and forcing displacement of Palestinians. Wood resigned before GHF's May 26 launch, saying he could not abandon 'the principles of humanity, neutrality, impartiality and independence.' GHF has repeatedly said it has distributed aid from its sites without incident and has previously told Reuters it 'strictly adheres' to humanitarian principles. 'The Palestinian people of Gaza must be fed and GHF is the only organization that has demonstrated ability to deliver food assistance,' a spokesperson said. Dissolution According to Switzerland's Federal Supervisory Authority for Foundations (ESA), a foundation must hold capital in a Swiss bank account and at least one member of its board must be resident in Switzerland. In filings dated February, seen by Reuters, GHF said its Swiss entity had an initial endowment. However, that capital contribution was never made, a spokesperson for GHF said. ESA told Reuters GHF had never provided information about a bank account in Switzerland or statutory initial capital. ESA is taking steps to order the dissolution of GHF's Swiss branch, Reuters reported on July 2.