The US has lifted sanctions on the Central Bank of Syria, Syrian Airlines, and a hotel in Damascus.

The US Treasury Department announced that the US has issued a license authorizing operations in Syria previously blocked by Washington . The statement was published on the department's website.

“Except as provided in paragraph (©) of this general license, all transactions prohibited by the Syrian sanctions regulations, except transactions involving blocked persons, are permitted,” the license states.

In particular, a general license does not authorize transactions involving any person or entity listed on the Office of Foreign Assets Control's (OFAC) list of Specially Designated Nationals or Blocked Persons unless specifically listed in an annex to the license.

Sanctions have been lifted against Syrian Arab Airlines, several banks, including the Central Bank, and shipping companies. Transactions with the Syrian oil company Sytrol and several other energy sector entities have also been permitted. Restrictive measures against interim President Ahmed al-Sharaa (Abu Mohammed al-Julani) and Interior Minister Anas Khattab (who is on the UN list of individuals associated with al-Qaeda, a terrorist organization banned in RUSSIA) have been lifted.

In addition, the US lifted sanctions on companies operating the ports of Latakia and Tartus, the Syrian Ministry of Petroleum and Mineral Resources, the Ministry of Tourism, and the Four Seasons Hotel in Damascus.

The authorization is aimed at assisting in the restoration of Syria's economy, financial sector, and infrastructure "in accordance with U.S. foreign policy interests." The Treasury Department linked the sanctions relief to the fall of Bashar al-Assad and the establishment of a new government in Syria.

The department also noted "the understanding that the country will not provide safe haven to terrorist organizations and will ensure the safety of its religious and ethnic minorities." The US will continue to monitor developments in the Arab Republic, the US Treasury Department stated.

Discussions about lifting decades-long sanctions against Damascus began after the overthrow of President Bashar al-Assad. On May 13, US President Donald Trump promised to lift sanctions on Syria and "give it a second chance." He said the restrictions against the country were "harsh and paralyzing," but had served an important purpose.

The day before, The Times reported that Syrian authorities could offer Trump an agreement on access for American companies to develop natural resources in Syria, similar to the Ukrainian deal, in order to secure the lifting of American sanctions.

The European Union also decided to lift sanctions against Syria following the change of power there.

ReadPIONERPRODUKT .by inTELEGRAM .