افزودن عنوان |
Syrian
dictator Bashar al-Assad has signed a law ratifying a $1 billion credit line
from the Iranian regime, Syria's state news agency SANA said on Wednesday.
The
agreement was between two state-owned banks, the Syrian Commercial Bank and
Export Development Bank of Iran, it said. Syria signed a previous $3.6 billion
credit line with Iran in July 2013 which has been used up mostly for oil
imports, bankers have said.
The
new deal was signed on May 19 and approved by the Syrian regime's parliament on
Tuesday, SANA said. The money would be used for funding imports of goods and
commodities and implementing projects, it said, without giving details.
The
Iranian regime's financial aid has been seen as pivotal to the Syrian regime
and the economy, which has shrunk by more than a half in the four years since
the conflict erupted, researchers say.
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