Thursday, 26 May 2022
WorldThe US administration exempted some regions of Syria from sanctions

The US administration exempted some regions of Syria from sanctions

The US administration has exempted areas such as agriculture and construction from sanctions in regions of Syria occupied by the terrorist organization YPG/PKK, which uses the name SDF.

According to a written statement from the US Treasury Department’s Office of Foreign Assets (OFAC), US companies will now be able to invest in the YPG/PKK-occupied northeast and northwest regions of Syria without being subject to sanctions imposed against the Assad regime.

OFAC said investments in areas such as agriculture, telecommunications, transportation, construction and manufacturing would be exempt from sanctions.

On the other hand, preferential licenses do not apply to oil trading. These investments will have no ties to the regime in Syria.

It is noteworthy that the statement used a general expression regarding the geographic boundaries of investment licenses as “non-regime-controlled areas in the northeast and northwest of Syria.”

Earlier, the United States canceled the exemption from sanctions of an American company operating at oil facilities in Deir ez-Zor, occupied by the terrorist organization YPG / PKK in Syria.

. only a part of the news in a short form, . . (HAS) of AA.

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