AGP Executive Report
Last update: an hour agoDamascus Finance & Payments: Visa and Mastercard have completed Syria’s first international card transactions in over 15 years, with the Central Bank of Syria calling it a step toward modernizing the payments ecosystem and boosting commerce and tourism. Reconstruction Market Watch: At the 63rd Damascus International Fair, foreign firms say they see rebuilding opportunities but still face banking, logistics, and institutional hurdles. Banking Unlock After Terror-List Move: Syrian officials say the U.S. rescission of Syria’s State Sponsor of Terrorism designation removes a barrier to SWIFT-linked transactions, paving the way for more regional and Western bank participation—if compliance and transparency improve. Transport & Logistics Deals: Saudi Arabia and Syria signed four agreements covering roads, railways, civil aviation, and postal services to speed trade movement and connectivity. Industry & Trade Push via Turkey: Turkey’s trade with Syria rose 42% to $3.75B, while Turkish officials toured Aleppo’s industrial city and urged faster production, jobs, and export routes. Northern Integration Politics: Syria appointed Mazloum Abdi, former SDF commander, as a presidential adviser, signaling continued integration of Kurdish forces into state structures—an issue that can directly affect stability for industry and investment.
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