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Washington Opens New Economic Horizons in Post-Assad Syria
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Exemptions in the American license reveal a clear vision to prevent economic facilities from being exploited by forces opposing democratic transition
The U.S. Treasury Department announced a historic step by issuing a general license allowing transactions with Syrian government institutions starting December 8, 2024, in a clear indication of Washington's support for political and economic transformation in Syria.
The new license covers a wide range of economic transactions, allowing support for sales, supply, and storage deals of energy products, including oil, natural gas, and electricity, both within Syria and in international transactions.
The American instructions open the door for transferring non-commercial personal remittances to Syria through the Syrian Central Bank, in a move aimed at facilitating financial transactions for Syrian citizens.
The license sets strict controls that exclude transactions with military and intelligence entities, and prohibits any dealings with the Russian and Iranian governments and all their affiliated parties, in a clear indication of isolating forces opposing democratic transition.
The decision includes a special exception regarding fund transfers to individuals listed on the sanctions list, allowing only the payment of salaries and public fees in specific and restricted cases.
Economic analysts view this step as a fundamental shift in American policy toward Syria, aimed at supporting the reconstruction process and stimulating economic activity while ensuring that anti-democratic parties do not benefit.
These facilities reflect Washington's vision to contribute to Syria's economic stability while maintaining pressure on forces that oppose democratic transition and threaten regional stability.
Experts expect this license to contribute to activating commercial and economic movement in Syria, facilitating humanitarian aid access, and enhancing investment opportunities in vital sectors such as energy and infrastructure.
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