Sunday, June 15, 2025
59.7 F
New York

U.S. Treasury authorizes transactions with Syrian government

In a major policy shift, the U.S. Department of the Treasury has authorized transactions with the Syrian government for the first time, including dealings involving President al-Jolani and several Syrian entities previously under American sanctions.

The decision follows a declaration by President Donald Trump during his recent visit to Saudi Arabia, signaling a broader reorientation of U.S. strategy in the region. The move marks a departure from longstanding restrictions aimed at isolating the Assad regime and its affiliates.

Simultaneously, Secretary of State Marco Rubio announced a 180-day waiver from the sanctions mandated under the presidential executive order. “This measure is intended to ensure that sanctions do not hinder our partners’ ability to make stability-oriented investments and to support Syria’s recovery and reconstruction efforts,” Rubio stated.

The waiver is expected to facilitate international engagement with Syria’s infrastructure and humanitarian sectors, particularly in regions less affected by ongoing conflict. Officials emphasize that the change does not amount to full normalization and that specific limitations remain in place to prevent misuse.

The announcement has already triggered debate in Washington, with critics warning that easing restrictions could embolden sanctioned figures, while proponents argue it may improve regional stability and humanitarian outcomes.

Sources: U.S. Department of the Treasury, U.S. Department of State, White House communications.

Hot this week

Iran Launches Massive Overnight Missile Barrage on Israel: At Least 10 Dead, Hundreds Injured

Iran launched a large-scale missile and drone attack on...

Helicopter Crash in India: 7 Pilgrims Killed Amidst Poor Weather

A helicopter carrying Hindu pilgrims from Kedarnath to Guptkashi...

From Honolulu to Pietermaritzburg: 2025’s Most Clean, Historic and Dangerous Cities

New global data released in June 2025 identifies key...

Iran Asks Oman and Qatar to Mediate With Washington

Iran has formally reached out to Oman and Qatar,...

Trump: U.S. Had No Role in Attack on Iran, But Warns of Massive Retaliation

Former President Donald Trump stated that the United States...

Topics

Helicopter Crash in India: 7 Pilgrims Killed Amidst Poor Weather

A helicopter carrying Hindu pilgrims from Kedarnath to Guptkashi...

Iran Asks Oman and Qatar to Mediate With Washington

Iran has formally reached out to Oman and Qatar,...

Trump: U.S. Had No Role in Attack on Iran, But Warns of Massive Retaliation

Former President Donald Trump stated that the United States...

Labor Rights Clash: Sweden’s Largest Pension Fund Fully Divests from Tesla

Sweden's largest pension fund, AP7, announced this week that...

U.S. Orders All Citizens to Evacuate Iran Immediately

The U.S. State Department has issued an emergency directive,...

Space Is Getting Crowded: 11,700 Active Satellites Now in Orbit

The number of satellites orbiting Earth is rising at...

Related Articles

Popular Categories