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The Trump administration on Friday announced sanctions relief in Syria as part of a string of measures to end decades of penalties and stabilize the country.
The Treasury Ministry said it would grant a 180-day exemption known as GL 25 to ease financial restrictions targeting former rulers of the country, in order to give Syria the opportunity to rebuild a country that has been still damaged by more than a decade of civil war.
It will promote the provision of electricity, energy, water and sanitation, allowing for more effective humanitarian responses across Syria, said Secretary of State Marco Rubio.
“As President Trump has promised, the Treasury and the State Department are implementing approvals to encourage new investments in Syria,” the Treasury Secretary said. “Syria must also continue to work to become a peaceful and stable country, and we hope that today’s actions will place it on the path to a bright, prosperous, and stable future.”
US ambassador Barack, named Syria’s special envoy in the sanctions relief plan
In this photo, interim Syrian President Ahmad Alshara, announced by the Saudi Royal Palace, will shake hands with President Donald Trump in Riyadh, Saudi Arabia on May 14th. (via Bandar Aljaloud/Saudi Royal Palace AP)
The exemption allows Syria to engage in reconstruction and other economic activities. Sanctions relief is expanded on the condition that Syrian leaders do not provide safe shelter to terrorist groups, ensuring the security of religious and ethnic minorities, the Treasury Ministry said.
“Today’s actions represent the first step in realizing the President’s vision for new relations between Syria and the United States,” Rubio said in a statement. “President Trump offers the Syrian government an opportunity to promote peace and stability both within Syria and in relations with Syrian neighbors. The president has made clear his hopes that rapid action will continue on policy priorities where bailout is important.”
The move, Turkish US ambassador and former adviser to President Donald Trump, Tom Barrack, announced on Friday that he would play the role of Syrian envoy, highlighting recent sanctions relief.
Trump asks Syria to join Abraham’s agreement and normalizes relations with Israel in return for sanctions relief
The man is riding a bike through the devastating part of Syria. (AP Photo/Dusan Vranic)
“Suspension of sanctions against Syria will maintain the integrity of our primary purpose – the enduring defeat of ISIS – and provide opportunities for a better future,” he wrote on X on Friday. Together we will succeed. ”
Bashar al-Assad, a former authoritarian leader in Syria, ruled the country for decades after succeeding his father. The Assad government, which Russia and Iran had long maintained, was primarily a civil war for over 13 years, collapsed during a massive attack by rebel fighters last year.
Russian President Vladimir Putin (left), Syrian President Bashar al-Assad (center), and Iran’s supreme leader Ayatollah Ali Khamenei (right). ((Fox News/Getty Images))
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Assad and his family left Syria and sought asylum for Moscow.
The exemption announced on Friday prohibits the new Syrian government from engaging in transactions that benefit major supporters of Russia, Iran, North Korea or the former Assad regime.
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