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The Trump administration has granted Syria a temporary waiver from key U.S. sanctions and loosened business restrictions, marking the first formal step in a broader plan to dismantle decades-old penalties.
The United States has waived a major set of congressional sanctions on Syria and expanded rules for foreign business operations in the country as part of President Donald Trump's pledge to roll back longstanding economic restrictions.
The waiver, announced Friday by the State and Treasury departments, lifts elements of a tough sanctions package imposed in 2019. It is intended to support Syria's interim leadership, now headed by Ahmad al-Sharaa, a former militant figure who assumed power following the ouster of Bashar al-Assad last year.
While the administration did not specify how long the waiver will last, U.S. law restricts such presidential actions to a maximum of six months.
Treasury Secretary Scott Bessent said the decision is designed to open the door to new foreign investment and support Syria's recovery. He said Syria must continue to work toward becoming a stable country at peace and that the actions will hopefully put the country on a path to a bright, prosperous, and stable future.
Officials say the sanctions relief forms part of a broader U.S. effort to dismantle the legal framework of penalties imposed over the Assad regime’s alleged chemical weapons use, support for Iranian militias, and human rights abuses.
While the president can lift executive-level sanctions unilaterally, the most severe restrictions imposed by Congress require formal legislative repeal or renewal. The debate inside the administration continues over whether Syria should be required to meet strict democratic or security benchmarks before more permanent relief is granted.
Some officials advocate for a phased approach tying long-term sanction removal to verifiable reforms. Others argue for more immediate relief to avoid stalling Syria’s fragile reconstruction efforts.
The U.S. and its allies hope the new government under al-Sharaa will bring stability to a country devastated by 13 years of civil war, a collapsed economy, and the presence of foreign fighters.
The administration said this is just one part of a broader U.S. government effort to remove the full architecture of sanctions imposed on Syria because of abuses by the Bashar al-Assad regime.
Tehran had made plans to strike sites in Ukraine after Kyiv attacked an Iranian cargo ship in the Caspian Sea, a senior Iranian military adviser has said. Iran refrained from taking action after Kyiv said the strike was a mistake, Mohsen Rezaei told the state IRIB TV channel.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 5th of August, covering the latest developments.
Nauru, the world’s third smallest country, has changed its name to Naoero, the Pacific island nation’s President said. The new name corresponds to the spelling and pronunciation in the national language.
U.S. President Donald Trump said there was an "all-day negotiation" on Tuesday with Iran, characterising the talks positively while also threatening to hit Iran "really hard" if a deal was not reached.
The U.S. has made its visa bond programme permanent for citizens of 50 countries, requiring some business and tourist visa applicants to pay refundable deposits of up to $20,000. Several Central Asian countries remain on the list, but Uzbekistan is not.
Israeli Prime Minister Benjamin Netanyahu has said Israeli forces will not withdraw from their current positions in Gaza until Hamas is fully disarmed, casting further doubt on a U.S.-backed proposal aimed at ending the war.
Turkish top-tier side Trabzonspor said they have begun transfer negotiations with Mohamed Salah, with the club chairman adding they hoped to sign the Egyptian forward later this week.
AI agents developed by Anthropic and OpenAI carried out unauthorised online actions during cybersecurity tests, including creating fake identities to deceive real people and attempting to plant malicious code, the U.K.'s AI Security Institute (AISI) said on Tuesday (5 August).
Families of Moroccan migrants who crossed into the Spanish coastal exclave of Ceuta spent Tuesday searching for missing relatives or waiting anxiously for news, after a mass border crossing last week.
Pyongyang signalled possible new military steps after Japan tested a U.S.-made Tomahawk cruise missile, Reuters reported.
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