US Treasury Department publishes final removal of Syria sanctions

The US Treasury Department on Monday issued a final rule removing sanctions on Syria, following President Donald Trump’s earlier order to dismantle Washington’s sanctions regime against Damascus.

In a notice, the Treasury’s Office of Foreign Assets Control (OFAC) said it was scrapping the Syrian Sanctions Regulations from the Code of Federal Regulations “as a result of the termination of the national emergency on which the regulations were based and further changes to the policy of the United States towards Syria.”