Syria this week carried out its first international bank transfer via the SWIFT international payment system since the outbreak of the country’s 14-year civil war, central bank governor Abdelkader Husriyeh said on Thursday, a milestone in Syria’s push to reintegrate into the global financial system.
A direct commercial transaction was carried out from a Syrian to an Italian bank on Sunday © Mena Today
Syria this week carried out its first international bank transfer via the SWIFT international payment system since the outbreak of the country’s 14-year civil war, central bank governor Abdelkader Husriyeh said on Thursday, a milestone in Syria’s push to reintegrate into the global financial system.
Husriyeh told Reuters in Damascus that a direct commercial transaction was carried out from a Syrian to an Italian bank on Sunday.
"The door is now open to more such transactions," he said.
Reporting by Timour Azhari
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Turkey’s ruling Justice and Development Party (AK Party) submitted a draft bill to parliament on Monday that proposes significant changes to the country’s tax framework, particularly targeting special consumption tax (SCT) regulations for motor vehicles.
Iraq has officially reopened the Qaim border crossing with Syria for trade and passenger traffic, a spokesman for the Iraqi border authority said on Saturday, marking a key step in efforts to normalise relations and revive economic ties between the two countries.
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