US allows transactions with governing institutions in Syria despite sanctions

US allows transactions with governing institutions in Syria despite sanctions

Reuters. The U.S. on Monday issued a sanctions exemption for transactions with governing institutions in Syria for six months after the end of Bashar al-Assad's rule in an effort to ease the flow of humanitarian assistance.

The exemption, known as a general license, also allows some energy transactions and personal remittances to Syria until July 7. The action did not remove any sanctions.

Syria suffers from severe power shortages, with state-supplied electricity available just two or three hours per day in most areas. The caretaker government says it aims to provide electricity up to eight hours per day within two months.

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