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Syria to return to SWIFT system soon

Damascus - ALsharqiya, June 9: The Governor of the Central Bank of Syria, Abdul Qader Al-Husriya, announced the reconnection of Syria to the SWIFT international payments network, after more than a decade of sanctions that isolated the Syrian banking system from this financial system. The Financial Times quoted Al-Husriya as saying that Syria will be fully reconnected to the SWIFT international payments system within the next few weeks. The return to the SWIFT system is the first major indicator in the new government's efforts to liberalize the Syrian economy, and evidence that the new authorities are moving quickly to attract international trade and investment.

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