U.S. drafting legislation to exclude North and East Syria from Caesar Act
NORTH AND EAST SYRIA — U.S. sources have revealed to North Press Agency that the Biden Administration intends to exclude the areas of North and East Syria controlled by the Democratic Autonomous Administration (DAA) from the sanctions of the Caesar Syria Civilian Protection Act (Caesar Act).
According to analysts and observers, the U.S. decision, which is expected to be issued soon, will greatly contribute to achieving more economic development in North and East Syria. The possibility to trade with other markets would increase small and medium business activity and increase tax revenues for the DAA. As a result, the living conditions of the residents of North and East Syria would improve significantly.
The U.S. has been working for a long time to implement this decision, say sources, and the exemption would also enable U.S. companies to legitimately operate within North and East Syria. If the legislation is passed, it would increase the foreign direct investment which is desperately needed to further develop the region’s economy. A large part of this investment is predicted to be into the extraction of oil in the Dayro Zcuro (Deir ez-Zor) region.
In an interesting turn of events, the areas of northwest Syria would also be exempt from the Caesar Act. However, it must be noted that territory controlled by Hay’at Tahrir al-Sham (HTS) would not be included in the exemption of the sanctions imposed by the United States.
In 2019, the U.S. administration issued the Caesar Act sanctions against the Syrian government and all entities who support it financially and technically. Unfortunately this included all Syrian territory, even if this was no longer under the direct control of the Syrian Ba’ath Regime.