From the U.S. Department of the Treasury’s Office of Foreign Assets (OFAC) according to the written statement, American firms, YPG/PKKIt will now be able to invest in the northeastern and northwest regions of Syria occupied by Syria without being subject to Syrian sanctions.
According to OFAC’s statement, investments to be made in the areas such as agriculture, telecommunications, transportation, construction and production will be exempt from sanctions.
On the other hand, exemption licenses will not cover oil trade. In addition, none of these investments Syrian regime No transaction will be performed with it.
It was noteworthy that a general expression was used in the statement regarding the geographical boundaries of investment licenses as “areas not controlled by the regime in the northeast and northwest of Syria”.
The USA had previously lifted the sanction exemption of an American company operating in the oil facilities in Deir ez-Zor, occupied by the terrorist organization YPG/PKK in Syria.
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