General License 25 effectively suspends OFAC sanctions targeting Syria. Stringent US export control restrictions on exports and reexports to Syria remain.
By Les P. Carnegie, Damara Chambers, Charles Claypoole, Andrew P. Galdes, Robert Price, Eric S.
On May 23, the Office of Foreign Assets Control (OFAC) issued Syria General License 25, which authorizes a significant portion of previously prohibited transactions. The general license does not, however, amend or modify any of the existing Syria-related export
AP reports that on March 13, Syria’s interim president, Ahmad al-Sharaa, signed an Interim Constitutional Declaration (full text), which will be in effect until a new permanent constitution for the country is drafted and adopted and national elections are
To encourage democratic development and achieve a peaceful and inclusive political transition, and to aid the swift reconstruction and economic recovery of the country and facilitate its eventual reincorporation into the global financial system, the European Council decided yesterday to
To help the Syrian people achieve a peaceful and inclusive political transition, to aid the swift economic recovery and reconstruction of the country and to facilitate its eventual reincorporation into the global financial system, the EU has suspended with immediate
On January 6, 2025, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Syria General License (GL) 24 to expand authorizations for activities and transactions in Syria following the events of December 8, 2024, and the removal
On January 6, 2024, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Syria General License 24, which authorizes transactions with governing institutions in Syria and certain activities related to energy and personal remittances. OFAC explained
The sudden collapse of the Assad regime in Syria has led to a rapidly evolving sanctions landscape. Notably, on January 6, 2025, the United States relaxed sanctions on certain transactions with Syria when the Office of Foreign Assets Control (OFAC)
Editor’s Note: The recent overthrow of Syrian President Bashar al-Assad by a coalition of Islamist rebel groups has created a pivotal moment in the region’s history, with profound implications for global security, governance, and diplomacy. This development, framed by President
DOHA, Qatar The struggle to depose Bashar al-Assad s regime took more than 13 years, causing untold death and destruction, because outside powers turned Syria into a proxy battlefield for their own ambitions.When Assad s government finally fell on Sunday
