DAMSCUS: Syria’s Central Bank governor, Abdulkader Husarieh, commended the Canadian government’s decision to amend the sanctions imposed on Damascus under the Special Economic Measures Regulations, including the lifting of the comprehensive economic embargo in place since May 2011.
In a post published on his personal Facebook page, Husarieh described the move as an important milestone that reinforces the implementation of understandings reached during his recent visit to Canada.
He added that the amendment provides an opportunity to boost economic relations and activate cooperation between Canadian and Syrian banks and financial institutions.
Husarieh said the decision could pave the way for Canadian participation in Syria’s reconstruction and infrastructure development.
Meanwhile, the Syrian Arab Red Crescent and the Turkish Red Crescent signed cooperation agreements on Friday to strengthen humanitarian efforts in Syria amid ongoing crises and economic hardship.
