The foreign ministers of Turkey, the United States and Syria will meet in southern Turkey on Thursday to discuss details of U.S. President Donald Trump's pledge to lift sanctions on Syria, Turkish Foreign Minister Hakan Fidan said on Wednesday.

President Trump says he will move to normalize relations and lift sanctions on Syria's new government to give the country "a chance at peace."

President Trump’s meeting with President Ahmed al-Shara capped a remarkable turnabout for the leader of the rebel uprising that ousted Bashar al-Assad. Mr. Trump has said he would lift U.S. sanctions on Syria.

Turkish companies and banks will benefit from a lifting of U.S. sanctions on Syria, Onur Genc, chief executive officer of BBVA said on Wednesday.

In December, a consortium of rebel factions led by the group Hayat Tahrir al-Sham unexpectedly toppled the dictator Bashar al-Assad, whose family had ruled Syria for five decades. The new regime in Damascus inherited a country ruined by a 13-year civil war.

President Donald Trump said his administration would take steps to normalize relations with Syria’s fledgling government.

A top official says Turkey is closely monitoring any attempts to undermine its peace initiative with the PKK following the militant Kurdish group’s announcement that it is ending its decades-long armed conflict with the Turkish state.

Turkey is embarking on a hazardous path to ensure the Kurdistan Workers Party (PKK) militant group implements its decision to disband after 40 years of conflict, facing obstacles that need to be overcome in neighbouring Iraq and Syria.

“When we briefly summarize the problems Syria is currently facing, there is the issue of Israeli expansionism. This has truly reached a point where it threatens Syria’s stability, security, and future,” said Turkish Foreign Minister Hakan Fidan, flanked by his Jordanian and Syrian counterparts, Ayman Safadi and Asaad al-Shibani.

Jordan and Turkey on Monday denounced Israel's intervention in Syria as destabilising to the country, amid regional changes caused by the fall of Bashar Al Assad's regime last year. Since Hayat Tahrir Al Sham (HTS) took power in Damascus,

Turkey's President Tayyip Erdogan has probably never held more global sway: he will host the first direct RussiaUkraine peace talks in three years on Thursday,