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

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TURBOFAC Commentary (2173 words)

Notes

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 of the Syrian Government on December 8, 2024, and GL 24 serves to authorize transactions otherwise prohibited by the FTO/SDGT designation of HTS, the blocking prohibition as applied to the “Government of Syria” (542.201), as...