Syrian Central Bank Governor Welcomes Switzerland's Decision to Lift Sanctions on Central Bank
June 21, 20255 ViewsRead Time: 1 minutes
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Syrian Central Bank Governor Dr. Abdulkader Hawsari welcomed Switzerland's decision to lift sanctions on the central bank today, Saturday, considering this step an important and positive development in the process of rebuilding financial and commercial relations between the two countries.
Dr. Hawsari explained in a post on his official Facebook page that the central bank has had close banking relationships with a number of Swiss banks in the past, playing a pivotal role in managing the state's reserve investments and supporting trade and financial exchanges with the Swiss side, reflecting mutual trust and enhancing economic relationship stability.
The central bank governor also expressed hope that this step would mark the beginning of a new phase of constructive cooperation, serving mutual interests and opening up broader prospects to strengthen the national economy.
Dr. Hawsari explained in a post on his official Facebook page that the central bank has had close banking relationships with a number of Swiss banks in the past, playing a pivotal role in managing the state's reserve investments and supporting trade and financial exchanges with the Swiss side, reflecting mutual trust and enhancing economic relationship stability.
The central bank governor also expressed hope that this step would mark the beginning of a new phase of constructive cooperation, serving mutual interests and opening up broader prospects to strengthen the national economy.
