Syria granted sanctions waiver by Trump administration to encourage rebuilding

Syria receives sanctions relief under Trump, allowing reconstruction while prohibiting transactions benefiting Russia, Iran, or Assad regime supporters.

In this photo released by the Saudi Royal Palace, interim Syrian President Ahmad al-Sharaa shakes hands with President Donald Trump in Riyadh, Saudi Arabia on May 14. At right is Saudi Crown Prince Mohammed bin Salman.  (Bandar Aljaloud/Saudi Royal Palace via AP)

The waiver will allow Syria to engage in Syrian reconstruction and other economic activity. The sanctions relief has been extended on the condition that Syrian leaders will not offer a safe haven for terrorist organizations and will ensure the security of its religious and ethnic minorities, the Treasury Department said.

"Today’s actions represent the first step in delivering on the President’s vision of a new relationship between Syria and the United States," Rubio said in a statement. "President Trump is providing the Syrian government with the chance to promote peace and stability, both within Syria and in Syria’s relations with its neighbors. The President has made clear his expectation that relief will be followed by prompt action by the Syrian government on important policy priorities."

The move came after Tom Barrack, US Ambassador to Turkey and former advisor to President Donald Trump, announced on Friday that he would be filling the role of U.S. Special Envoy for Syria, while highlighting recent sanctions relief.

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Russian President Vladimir Putin (left), Syrian President Bashar al-Assad (center), Iran's Supreme Leader Ayatollah Ali Khamenei (right). ((Fox News/Getty Images))

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Assad and his family left Syria for Moscow to seek asylum.

The waiver announced on Friday prohibits the new Syrian government from engaging in transactions that benefit Russia, Iran, North Korea or key supporters of the former Assad regime. 

Louis Casiano is a reporter for Fox News Digital. Story tips can be sent to louis.casiano@fox.com.

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