US Official: Sanctions Contributed to Devaluation of Syrian Pound

Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. REUTERS/Khalil Ashawi
Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. REUTERS/Khalil Ashawi
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US Official: Sanctions Contributed to Devaluation of Syrian Pound

Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. REUTERS/Khalil Ashawi
Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. REUTERS/Khalil Ashawi

US Special Representative for Syria Engagement James Jeffrey said US sanctions and measures contributed to the devaluation of the Syrian pound against the dollar.

In a video meeting that was attended by his Deputy Assistant Secretary Joel Rubin on Sunday, Jeffrey said that Washington made a proposal to Syrian President Bashar al-Assad through a third party to end the crisis.

Washington wants a political process that shouldn’t necessarily change the regime but at least change its attitude and support of terrorist groups and Iran, he continued.

Regarding the economic crisis, he said that the US sanctions against Damascus contributed to the collapse of the Syrian current and that the regime "is incapable of managing an effective economic policy and conducting money-laundry in Lebanese banks."

Moreover, Rubin said that the Caesar Act covers individuals and companies. Responding to a question on ruling out the Kurdish administration from this act, he said that if anyone wishes to invest in energy and construction in self-administered zones then this is out of the US administration's interest.

Meanwhile, Syrian Prime Minister Imad Khamis said that stabilizing the exchange rate between 2017-2020 required USD20 billion.

Khamis added that calls are ongoing with friendly states to discuss possible ways to reinforce the lira’s value.



US Says Israel Must Improve Gaza's Humanitarian Situation or Risk Aid

 People attempt to extinguish a fire at the site of an Israeli strike on tents sheltering displaced people, amid the Israel-Hamas conflict, in Deir Al-Balah in the central Gaza Strip. REUTERS/Ramadan Abed
People attempt to extinguish a fire at the site of an Israeli strike on tents sheltering displaced people, amid the Israel-Hamas conflict, in Deir Al-Balah in the central Gaza Strip. REUTERS/Ramadan Abed
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US Says Israel Must Improve Gaza's Humanitarian Situation or Risk Aid

 People attempt to extinguish a fire at the site of an Israeli strike on tents sheltering displaced people, amid the Israel-Hamas conflict, in Deir Al-Balah in the central Gaza Strip. REUTERS/Ramadan Abed
People attempt to extinguish a fire at the site of an Israeli strike on tents sheltering displaced people, amid the Israel-Hamas conflict, in Deir Al-Balah in the central Gaza Strip. REUTERS/Ramadan Abed

US Secretary of State Antony Blinken and Defense Secretary Lloyd Austin said Israel must take urgent steps to improve the humanitarian situation in Gaza to avoid legal action involving US military aid, according to news reports on Tuesday.

"We are writing now to underscore the US government's deep concern over the deteriorating humanitarian situation in Gaza, and seek urgent and sustained actions by your government this month to reverse this trajectory," they wrote in an Oct. 13 letter to their Israeli counterparts, posted by an Axios reporter on X, according to Reuters.

The State Department and Pentagon did not immediately respond to a request for comment. Representatives for Israel's government also could not be immediately reached for comment.

The report comes as Israeli forces expand operations into northern Gaza amid ongoing concerns about access to humanitarian aid throughout the enclave and civilians' access to food, water and medicine.

US officials earlier this year said Israel may have violated international humanitarian law using US-supplied weapons during its military operation in Gaza.

This week's letter cited Section 620i of the Foreign Assistance Act, which restricts (prohibits) military aid to countries that impede delivery of US humanitarian assistance.

It also cited a National Security Memorandum that US President Joe Biden issued in February that requires the State Department to report to Congress on whether it finds credible Israel's assurances that its use of US weapons does not violate US or international law.