The US has announced a 180-day waiver of sanctions relief for Syrian civilians, aiming to improve humanitarian efforts and stability in the country. This move comes as part of President Trump’s promise to deliver sanctions relief. The waiver will allow for investments in essential services such as electricity, energy, water, and sanitation.
Additionally, the Treasury Department has issued a license (GL 25) to permit transactions that were previously prohibited, enabling new investment opportunities. US financial institutions can now maintain correspondent accounts with the Commercial Bank of Syria, thanks to an exceptive relief granted by FinCEN.
The policy shift is seen as a first step towards establishing a new relationship between the US and Syria, focusing on promoting peace and stability. The President expects swift action from the Syrian government in addressing key policy priorities.
Source: https://www.state.gov/releases/office-of-the-spokesperson/2025/05/providing-sanctions-relief-for-the-syrian-people