OFAC Issues Syria General License
The Office of Foreign Assets Control has issued Syria General License 22, which authorizes the processing or transfer of funds on behalf of third-country entities to or from Syria in support of the transactions necessary for agriculture, information and telecommunications, power grid infrastructure, construction, finance, clean energy, transportation and warehousing, water and waste management, health services, education, manufacturing and trade in northeast and northwest Syria.
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The license does not permit transactions involving any person, including the Syrian government, whose property is blocked pursuant to the Syria Sanctions Regulations or the Caesar Syria Civilian Protection Act of 2019, or the importation into the U.S. of petroleum or petroleum products of Syrian origin.
OFAC also updated its FAQs to reflect GL 22.