Syria ‘s Economic, finance Cooperation with India, Russia Highlighted
MOSCOW, (ST) _Finance Minister Dr Ismail Ismail discussed with his Russian counterpart Anton Saloanov financial cooperation relations between the two countries and the need to accomplish what was agreed upon regarding the Russian aid to the Syrian economy, particularly deposits and bank loans.
During a meeting on the sidelines of the first day of the activities of the St. Petersburg Global Economic Forum, minister Ismail stressed the need to strengthen bilateral financial and economic cooperation up to the level of the distinguished political relations between the two countries.
During his meeting with the Indian Commerce Minister Anand Sharma minister Ismail expressed thanks to the positions of India ‘s government and people and G-Brix concerning events taking place in Syria, stressing the importance of supporting Syria by her friends to enhance the Syrian economy.
The minister pointed out that the Indian government can support the Syrian economy through providing banking facilities and open accounts to facilitate trade between the two countries.
For his part, Minister Sharma said he would discuss the proposals with his country ‘s government and the central bank.
Syria’s Ambassador in Moscow Riad Haddad warned that certain sides in the West are betting on the fall of Syria because of the economy and this is what should not be allowed by her friends.
In a statement to reporters, minister Ismail described St. Petersburg World Economic forum as “deep ,extensive and an opportunity for new ideas and concerns, which revolve in the minds of the international economic community on current economic issues, during which Russia ‘s growing role was highlighted , noting that discussions showed the importance of the application of the Basel banking standards and the role of capital markets in planning investments.
Works of the 17th world economic forum were held in St. Petersburg Russian in the presence of more than five thousand political figures, businessmen and experts, including 190 heads of major foreign companies and 428 heads of Russian companies.
In his speech at the forum, Russian President Vladimir Putin called for not to underestimating the issue of supplying arms to Syria, stressing that “Russia exported arms to the legitimate government in Syria and in accordance with the agreements transparent In the framework of international laws and commitments.
T. Fateh