ExecutiveOrdersEO
Notice 13894NoticeTrump 47 · R Quiet signal

Presidential Notice 13894

Continuation of the National Emergency With Respect to the Situation in and in Relation to Syria

Defense & SecurityDefense & SecurityTradeTrade

In simple terms

This notice continues for one year the national emergency regarding Syria originally declared in Executive Order 13894 (October 14, 2019), as expanded by Executive Orders 14142 (January 15, 2025) and 14312 (June 30, 2025). The continuation extends sanctions authorities targeting war crimes, human rights abuses, and narcotics trafficking networks associated with the former Assad regime beyond October 14, 2026.

Federal Register Open PDF 91 FR 63131

Record & deadlines

  1. Signed

    Signed by the President

  2. FR published

    Published in the Federal Register · 91 FR 63131

    Federal Register PDF

  3. Continued national emergency expires unless extended again

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Sectors

Banking & financeOil & gasShipping & logisticsOther industrial

Mechanisms

Ban / prohibitionLicensing

Role pressure

  • AdverseTrading-partner exporter — Syria-related trade remains blocked by maintained sanctions; third-country entities risk secondary sanctions for dealings with designated persons
  • UncertainDomestic producer — Limited direct US commercial exposure to Syria; potential future reconstruction opportunities constrained by continued emergency framework

Geographies

USOTHER

Exposure dates

  • — Continued national emergency expires unless extended again

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

MMM3MBACBank of AmericaBLKBlackRockCATCaterpillarLNGCheniere EnergyCVXChevronCOPConocoPhillipsDACDanaosXOMExxon MobilFCXFreeport-McMoRanGEVGE VernovaGSGoldman SachsHONHoneywellHSBCHSBCJPMJPMorgan ChaseMATXMatsonSHELShellSPYSPDR S&P 500 ETFZTOZTO Express

Confidence: medium · Policy alerts

Key directives

  • Continue national emergency declared in EO 13894 for 1 year beyond October 14, 2026
  • Publish notice in Federal Register
  • Transmit notice to Congress

Related orders

What to expect

Immediate

  • Continuation of national emergency takes effect upon publication
  • Existing sanctions and IEEPA authorities remain active

Near term (90d)

  • Annual congressional notification completed
  • Federal Register publication

Long term

  • Emergency authority extends through October 14, 2027 absent further action or termination
  • Potential for additional designations or executive actions under maintained authorities

Risks & tensions

  • Perpetuation of sanctions architecture without policy adjustment despite regime change in Syria
  • Potential tension between accountability goals and stabilization/reconstruction needs
  • Vague 'changing circumstances on the ground' language in EO 14142 not elaborated
Presidential Notice 13894: Continuation of the National Emergency With Respect to the Situation in and in Relation to Syria · Executive Orders