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Reading: CBS Governor: Switzerland’s lifting sanctions on the Central Bank of Syria is a positive development
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SANA > Syria News > Economy > CBS Governor: Switzerland’s lifting sanctions on the Central Bank of Syria is a positive development

CBS Governor: Switzerland’s lifting sanctions on the Central Bank of Syria is a positive development

2 months ago

Damascus, SANA-the Governor of the Central Bank of Syria (CBS), Abdul Qader al-Hasriya, Welcomed Switzerland decision to lift economic sanctions imposed on Syria, considering it a positive step in the process of rebuilding financial and trade relations between the two countries.

In a post on his official Facebook page Dr. Hasriya clarified that ‘’the Central Bank has always had close banking relations in the past with a number of Swiss banks, as it played a pivotal role in managing state reserve investments and supporting commercial and financial exchanges with the Swiss side, in a way that reflects mutual trust and enhances stability economic relations.

Dr. Hasriya expressed his hope that’’ this step would constitute the beginning of a new phase of constructive cooperation, in a way that serves common interests and opens broader horizons for strengthening the national economy’’.

khadeja/Fedaa

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The Syrian Arab News Agency (SANA) is the official national agency. It was established on June 24, 1965, and is affiliated with the Ministry of Information. Its headquarters is located in the city of Damascus.

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