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Syria Updates
1 week ago
On May 23, 2025, approximately five months after the Assad regime was overthrown, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) officially issued Syria General License (GL) 25, which lifted the sanctions initially placed on Syria through a series of U.S. executive orders.[1] On June 30, 2025, President Trump further issued a new executive order (E.O.) — “Providing for the Revocation of Syria Sanctions” — terminating the Syria Sanctions Program and the national emergency with respect to Syria, effective July 1, 2025.[2] https://natlawreview.com/article/what-us-businesses-need-know-about-reentering-syrian-market-changing-post-assad