Syria’s government criticizes US decision to allow investment in country’s north

Syria’s international ministry on Friday criticized a US choice to permit some international funding in areas of northern Syria which are exterior of presidency management, vowing to “defeat” the transfer.

On Thursday, the US Treasury Department approved activities in 12 sectors together with agriculture, building and finance, in what it stated was a technique designed to defeat ISIS terrorist group via financial stabilization.

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The choice doesn’t allow any transactions with the federal government of Syrian President Bashar al-Assad or others blacklisted by the US in the course of the 11-year-long Syrian conflict.

In a press release on Friday, the international ministry in Damascus stated Syria was “determined to defeat this new conspiracy,” encouraging individuals within the nation’s north to “bring it down.”

It described the choice as a part of Washington’s “destructive approach” to Syria. Damascus blames Western sanctions for widespread civilian hardship within the nation, the place a collapse of the forex has led to hovering costs and folks struggling to afford meals and fundamental provides.

Government troops and allied forces have recaptured many of the territory they’d misplaced after demonstrations towards al-Assad in 2011 devolved right into a brutal battle.

Swathes of territory within the northwest are held by Turkish-backed forces, whereas the northeast is usually managed by the US-backed Syrian Democratic Forces (SDF).

The northeast holds a lot of Syria’s oil reserves and wheat manufacturing, whereas the northwest was as soon as an agricultural and industrial zone.

The license authorizes purchases of oil merchandise resembling gasoline within the space, however doesn’t allow transactions with the federal government or sanctioned people or the import of Syrian petroleum merchandise to the United States.

In a name with reporters, US officers rejected assertions that the transfer may very well be seen as useful to efforts by some Arab allies to carry again Assad in from the chilly, and repeated that Washington had no intention of lifting sanctions on him.

Instead, officers have insisted that financial revitalization would stymie efforts by the remnants of ISIS to recruit new members.

Read extra:

Ten killed in Syria attack, deadliest in years: Monitor

US lifts sanctions on foreign investments in northern Syria, not Assad regime

US to allow foreign investment in northeast Syria without sanctions

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