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US Eases Sanctions on Syria, Welcomed as Positive Step Towards Recovery

Credited from: DAWN

  • The US has announced significant sanctions relief for Syria under Trump’s administration.
  • Syria’s government hails the easing of sanctions as a positive move towards recovery.
  • The relief includes authorization for transactions with the interim Syrian government and central bank.
  • The US aims to facilitate humanitarian efforts and attract investment in post-war reconstruction.
  • Tom Barrack, US envoy, emphasizes support for Syrian sovereignty and regional partnerships.

The Trump administration has initiated a rollback of sanctions on Syria, taking significant steps towards re-engagement with the war-torn country. The US Treasury Department issued General License 25, which authorizes economic transactions involving the interim government led by President Ahmed al-Sharaa and the central bank, marking a dramatic shift in US policy after years of sanctions aimed at the previous regime. "This will enable new investment and private sector activity consistent with the President's America First strategy," described the US Treasury's announcement, as noted in reports by Indiatimes and AA.

In response, the Syrian Foreign Ministry praised this decision as a "positive step" in relieving humanitarian suffering, declaring a readiness for cooperation with all countries under mutual respect. The ministry highlighted that the coming period would focus on rebuilding what was destroyed during the civil conflict, as reported by Los Angeles Times and AA.

Additionally, the sanctions relief comes with conditions preventing Syria from providing sanctuary to terrorists and emphasizing the government's commitment to security. U.S. Secretary of State Marco Rubio stated that these measures would facilitate the provision of essential services in the country and enable future investment opportunities, reflecting a broader strategy to rebuild relations with Syria, as noted in Dawn and Reuters.

Tom Barrack, appointed as the US Special Envoy for Syria, has underscored the importance of preserving Syria’s sovereignty and enhancing economic partnerships, asserting that the US stands ready to support recovery efforts alongside Türkiye and European nations. His meeting with President al-Sharaa in Istanbul served to further these diplomatic relations, highlighting the shift from military interventions to cooperative economic strategies among regional partners, emphasized by TRT Global and Indiatimes.

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