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International Trade › New Regulations › Office of Foreign Assets Control (OFAC)

Wilson Sonsini Goodrich & Rosati

BIS Implements New Changes to Syria Export Control Regulations

Wilson Sonsini Goodrich & Rosati on

Consistent with Executive Order 14312 and following OFAC’s rescission of economic sanctions on Syria on July 1, 2025, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has announced updates to the...more

Bass, Berry & Sims PLC

U.S. Government Eases Some Restrictions on Syria

Bass, Berry & Sims PLC on

On May 23, 2025, the U.S. Treasury Department, Office of Foreign Assets Control (OFAC) announced several actions to provide sanctions relief to Syria. OFAC is the primary government agency responsible for administering U.S....more

Baker Botts L.L.P.

U.S. Government Issues Broad Sanctions Relief for Syria

Baker Botts L.L.P. on

On May 23, 2025, the Treasury Department’s Office of Foreign Assets Control (“OFAC”) issued Syria General License 25 (“GL 25”), effectively lifting U.S. sanctions on Syria. This move follows President Trump’s announcement on...more

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