US takes first steps that ease sanctions on Syria


  • World
  • Saturday, 24 May 2025

FILE PHOTO: U.S. President Donald Trump meets with Syrian President Ahmed al-Sharaa in Riyadh, Saudi Arabia, in this handout released on May 14, 2025. Saudi Press Agency/Handout via REUTERS/File Photo

WASHINGTON (Reuters) -The United States on Friday took the first steps toward lifting sanctions on Syria after President Donald Trump said his administration would unwind them.

The Treasury Department issued a general license that authorizes transactions involving the interim Syrian government led by President Ahmed al-Sharaa, as well as the central bank and state-owned enterprises.

Secretary of State Marco Rubio has also issued a 180-day waiver of sanctions against Syria under the Caesar Act to ensure that sanctions do not impede Syria's recovery and reconstruction efforts, a State Department official told Reuters.

U.S. sanctions were imposed on the government of Syrian President Bashar al-Assad and key individuals in 2011 after civil war erupted there. Sharaa led militias that overthrew Assad in December.

The Treasury said in a statement that the general license, known as GL25, "authorizes transactions prohibited by the Syrian Sanctions Regulations, effectively lifting sanctions on Syria."

"GL25 will enable new investment and private sector activity consistent with the President’s America First strategy," the statement said.

Trump made a surprise announcement last week during a trip to the Middle East that he would order the lifting of sanctions on Syria’s Islamist-led government at the behest of Saudi Arabia's crown prince, a major U.S. policy shift he made before meeting briefly with Syria's President Ahmed al-Sharaa in Riyadh.

Removing U.S. sanctions that cut Syria off from the global financial system would clear the way for greater engagement by humanitarian organizations working in Syria, easing foreign investment and trade as the country rebuilds.

(Reporting by Daphne Psaledakis, Simon Lewis and Ryan Patrick Jones; Editing by Chris Reese and Cynthia Osterman)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Zimbabwe projects massive rebound in maize output to ease food insecurity
Interview: China emerges as central driver of global energy transition, says WEF expert
Death toll from floods in South Africa's Eastern Cape hits 100
(Summer Davos) China Focus: 2025 Summer Davos sees sustainability and AI meet global collaboration
Poland freezes household electricity prices until year-end
Feature: Wetland preservation promotes healthy ecosystems in Zimbabwe's capital
Roundup: Indonesian durian eyes China's massive market potential
Zelenskiy warns NATO allies before Hague summit of Russia threat
Exclusive-Le Pen's far-right French party rebuffed US offer of support, sources say
Qatar's initiative to broker ceasefire successfully defused tensions in Middle East, says Anwar

Others Also Read