This comes one day after the U.S. administration of President Donald Trump issued orders that it said would effectively lift sanctions on Syria in order to help the country rebuild after a devastating civil war.
The Treasury Department issued a general license that authorizes transactions involving the interim Syrian government led by Al-Sharaa, as well as the central bank and state-owned enterprises.The general license, known as GL25, “authorizes transactions prohibited by the Syrian Sanctions Regulations, effectively lifting sanctions on Syria,” the Treasury said in a statement. Syria welcomed the sanctions waiver early on Saturday, which the Foreign Ministry called a “positive step in the right direction to alleviate the country’s humanitarian and economic suffering.” (Read more)
