While one shall tend to expect some easing of current license restrictions by #BIS in the coming days, achieving "full normalization" is expected to be a longer process.

Despite these changes, it remains crucial to adhere to #ExportControls, particularly regarding the export or reexport of items to Syria, necessitating continued attention to enhanced due diligence.

Anticipated developments, in line with the new EO and a White House "Fact Sheet" suggest potential removal of Syria from the "State Sponsor of Terrorism" list and normalization of export control license requirements for the country. www.whitehouse.gov/fact-sheets/...

Moving forward, #OFAC sanctions concerning Syria will now primarily focus on transactions involving currently-listed SDNs and entities majority-owned by them.

The latest actions include the termination of all previous sanctions, the removal of several Syrian individuals and companies from the SDN list, and the designation of Assad-regime officials and other targets under a revised version of EO 13894.

Emphasizing its commitment, #EU aims to play a pivotal role in Syria's reconstruction and early recovery, aligning its efforts with the evolving situation on the ground. The Council will remain vigilant on matters concerning restrictive measures and sanctions in Syrian context.

EU's engagement with the transitional government will focus on promoting the fulfillment of people's aspirations and safeguarding their rights & freedoms without discrimination. Ongoing monitoring of such developments will guide future actions.

However, #EU will uphold sanctions targeting the Assad regime to enforce accountability and address security concerns, such as arms and technology that could be misused for internal repression. In addition, EU plans to impose further targeted restrictions on individuals in Syria.

Building on this approach, the EU has decided to lift its economic sanctions on #Syria signaling a pivotal moment for the Syrian populace to come together and forge a new, inclusive, and peaceful Syria, free from external interference.

In light of recent developments, particularly the fall of the #Assad government, the EU has adopted a cautious and reversible strategy to aid Syria's transition and economic revival. Recently, the EU took a significant step by suspending certain economic sanctions.

The EU has been steadfast in its support for the Syrian people over the past 14 years, actively seeking a political solution and providing crucial financial aid. Notably, the EU has imposed sanctions on Assad's regime.