The US Treasury Department announced Friday the immediate issuance of a general license, effectively providing broad sanctions relief for Syria.
This significant policy shift intends to actively encourage new foreign investment into the war-torn nation.
Treasury Secretary Scott Bessent conveyed optimism that these measures would pave the way for Syria to achieve a brighter, more prosperous, and ultimately stable future.
Bessent’s statement directly referenced President Trump’s recent commitment during a visit to the Middle East.
During that trip, President Trump had promised to order the removal of what he described as “brutal and crippling” US sanctions currently imposed on Syria.
The former president articulated his desire to provide the country with “a chance at greatness,” suggesting a fundamental change in the US approach.
The newly implemented authorizations from both the Treasury and State Departments mark the tangible execution of this promised sanctions relief.
This development signals a potentially significant pivot in long-standing US policy concerning Syria, with a newly stated emphasis on fostering economic investment and long-term stability within the country.
