US Officially Lifts Syria Sanctions Paving Way for Investment
US Officially Lifts Syria Sanctions Paving Way for Investment

US Officially Lifts Syria Sanctions Paving Way for Investment

News summary

The United States has officially lifted comprehensive economic sanctions on Syria, marking a significant shift in policy following the overthrow of Bashar al-Assad’s regime. This change allows new investments and private sector activity to support Syria's economic recovery under its interim government led by President Ahmed al-Sharaa. The Treasury Department issued a general license authorizing transactions previously prohibited, while the State Department granted a 180-day waiver under the Caesar Syria Civilian Protection Act to facilitate reconstruction efforts. President Donald Trump announced this move during a Middle East visit, emphasizing the goal of enabling Syria to become a stable and prosperous country and aligning the decision with his America First strategy. The U.S. government stressed that relief is contingent on Syria not becoming a safe haven for terrorist groups and is part of a broader effort to remove sanctions imposed due to the abuses of the former regime. This policy shift also paves the way for increased humanitarian engagement and foreign investment in the war-ravaged nation.

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Last Updated
11 hours ago
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