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Washington, March 11 (QNA) – The US Treasury Department has welcomed the reactivation of the Central Bank of Syria’s account at the Federal Reserve Bank of New York.
This is the first time the account has been operational since 2011.
In a statement published on its X platform, the department said that lifting sanctions was the first step toward realizing President Donald Trump’s vision for a prosperous Syria, and affirmed its commitment to working with the new Syrian government to responsibly reintegrate the country into the global financial system.
The Central Bank of Syria announced on February 28 that it had completed the settlement of its banking relations with the Federal Reserve and reopened its account, a move that strengthens Syria’s integration into the international financial system. (QNA)
