Syria General License 24 - Authorizing Transactions with Governing Institutions in Syria and Certain Transactions Related to Energy and Personal Remittances (January 06, 2025)

Date issued: Jan. 06 2025

Last substantive commentary amendment:
May. 25 2025

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TURBOFAC Commentary (2208 words)

Notes

[5-25-25 Update – see comments to Syria General License 25, broadly authorizing many otherwise prohibited Syria-related transactions, but note that this GL may still be relevant where transactions involve an interest of HTS]

1) On 1-6-25, OFAC issued Syria GL 24 and related FAQs FAQ # 1205, FAQ # 1206, FAQ # 1207, FAQ # 1208, FAQ # 1209, FAQ # 1210, FAQ # 1211, and FAQ # 1212. These actions were accompanied by the Press Releases entitled “U.S. Treasury Issues Additional Sanctions Relief for Syrian People”, available at https://home.treasury.gov/news/press-releases/jy2770.

2) A described in the Press Release, the FTO/SDGT “Hay’at Tahrir al Sham (HTS)” took control...