Overview

• The US Treasury has formally suspended economic sanctions on Syria, enabling investments, financial services, and oil-related transactions with the new government.
• A 180-day waiver issued by the State Department allows for infrastructure projects and humanitarian aid, focusing on energy and water restoration.
• Restrictions remain in place for transactions benefiting Russia, Iran, North Korea, and previously sanctioned entities not explicitly exempted.
• The transitional government under Ahmed al-Scharaa has welcomed these measures as part of its efforts to rebuild Syria and rejoin the global community.
• US officials emphasize that the sanctions relief aims to promote stability and peace in Syria after years of devastating conflict.