Good news!
"[The repeal] as part of the National Defense Authorization Act (NDAA) will reopen the Syrian economy to global investment.
President Trump is expected to sign the NDAA into law on December 22. The Caesar Act was the most stringent layer of US sanctions imposed on Syria and imposed secondary sanctions that targeted anyone who provided financial support to the Syrian government.
Congress’s repeal requires President Trump to submit an unclassified report to Congress within 90 days of the NDAA’s passage that confirms that the Syrian transitional government is meeting eight key US security demands. The US President will be required to submit biannual reports to Congress for the next four years on the status of these demands. The US demands include:
- Continuing to cooperate with US forces on counter-ISIS efforts
- Removing foreign fighters from senior government and military positions
- Protecting Syrian religious and ethnic minorities
- Avoiding unprovoked attacks on nearby states, including Israel
- Implementing the March 10 agreement with the Syrian Democratic Forces
- Combating money laundering, terrorist financing, and weapons and drug trafficking
- Prosecuting government security forces responsible for post-2024 atrocities
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