The Syrian-American Council in Washington said that the U.S. Senate approved the version of the budget that includes a provision stipulating the complete repeal of the Caesar Act.
In a post on X, the U.S. Senate said today:” we are very pleased and proud to announce to the Syrian people that our efforts have borne fruit today in the Senate, where their version of the budget, which includes our provision to repeal the Caesar Act, was approved with a vote of 77 in favor and only 20 against.”
The Senate explained that the act which was included in the budget states unconditional repealing of the Caesar Act by year end, hinting that this development represents a dramatic victory, in the efforts exerted to end that affects of this act which imposes harsh economic restrictions on Syria.
It added:” the provisions that required the automatic re-imposition of sanctions in the event of non-compliance are now non-binding targets.”
According to the Senate:” In short, we have thwarted attempts to forever tie Caesar to a sword over the necks of investors wishing to enter Syria” explaining that the Senate copy will be transferred now to negotiations with the House of Representatives, in preparation to authorize the final copy which the president of the United States, Donald Trump, will sign before the end of this year.
Tuhama alsaidi /Mazen Eyoun