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Mar 7, 2022

OFAC Might Issue a Waiver from US Sanctions on Areas Outside of Regime Control

Amberin Zaman reports.


In principle, this is excellent news. However, the exemptions come with significant exclusions.


Source


The overall impact on livelihoods is likely to be very limited because:


• The oil sector, which remains sanctioned, is the main source of revenue for NE Syria

• Nearly half of NW Syria's population remains sanctioned

• Private investors would still have little incentive to invest in northern Syria

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