Syrian-American Talks on Banking Relations
The Central Bank of Syria and the Federal Reserve Bank of New York have reached an agreement on practical steps to develop their banking relationship, including the use of the Central Bank of Syria's account at the American bank. The discussions focused on the technical and operational aspects of conducting banking transactions through this account, with the aim of supporting financial exchange and strengthening the connection of the Syrian banking sector to the global financial system. This move is part of Syria's efforts to restore its relationships with international financial institutions, improve its banking performance, and enhance regulatory and supervisory frameworks.
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