Friday, May 13, 2022

US lifts sanctions on YPG-held Syrian territories, looting Syrian oil permitted

The US on Thursday issued a general license to exempt northern Syrian territories, including those controlled by the PKK's regional branch, from American sanctions.

The Treasury Department's action lifts prohibitions on business activities in 12 different economic sectors in northern Syria, including agriculture, telecommunications, power grid infrastructure, construction, manufacturing, trade, finance and clean energy.

Purchases of Syrian oil from the region are also permitted as long as they do not benefit the regime.

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