In a bold policy shift, the US Treasury on Friday issued a sweeping general license, known as GL25, effectively lifting key sanctions on Syria for the first time since the civil war began. The move clears the way for transactions with the interim Syrian government led by Ahmed al-Sharaa, the Central Bank of Syria, state-owned airlines, major oil and gas firms, and even the Four Seasons Damascus hotel.
At the same time, Secretary of State Marco Rubio announced a 180-day waiver under the Caesar Act to ensure sanctions don't block fresh investment or the delivery of critical services. Rubio said the waiver aims to fast-track electricity, energy, water, and sanitation projects, and to facilitate humanitarian aid across the country.
These steps follow President Trump's pledge earlier this month to unwind Syria sanctions and help the war-torn nation rebuild. According to the White House, Trump asked Syria to meet several conditions in return: all foreign militants must leave, "Palestinian terrorists" must be deported, and the Syrian government must work with the US to prevent an ISIS resurgence.
For young entrepreneurs and global investors, GL25 could unlock new opportunities in Syria's emerging private sector. Thought leaders and changemakers will be watching closely to see if these policy changes translate into real improvements on the ground, especially in communities still grappling with years of conflict.
But challenges remain. Will the Syrian government follow through on its promises? Can new funding reach local projects amid ongoing security concerns? As this bold strategy unfolds, the world will be watching to see if easing sanctions can truly set the stage for lasting peace and economic revival.
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The U.S. issues orders easing Syria sanctions after Trump pledge
cgtn.com
