Davos-Syria’s financial system can be open for international funding, international minister says

DAVOS, Switzerland (Reuters) – Syrian International Minister Asaad Hassan al-Shibani stated on Wednesday that the nation will open its financial system to international funding and that Damascus can also be engaged on vitality and electrical energy partnerships with Gulf states.

“Syria’s financial assets are numerous and we’ve a variety of sectors – business, tourism… after all the financial system sooner or later can be open and can open the highway for international funding,” he stated on the World Financial Discussion board assembly in Davos, Switzerland.

Shibani paid separate visits to Saudi Arabia, the United Arab Emirates and Qatar in early January, throughout which he mentioned bolstering ties.

Qatar has pledged to initially provide Syria with 200 megawatts of electrical energy and step by step enhance the quantity, the Gulf nation’s prime minister stated throughout a current go to to Damascus.

At Davos, Shibani stated a committee of representatives from numerous teams would work on the nation’s new structure after holding a nationwide dialogue, which Syria’s management says will embrace all segments of society to chart a path for the nation after Islamist rebels ousted President Bashar al-Assad.

“We’d like an inclusive transition resulting in a brand new structure, free and honest elections, in a Syrian-led and Syrian-owned political course of that can restore Syria’s sovereignty and territorial integrity,” UN Syria envoy Geir Pedersen stated at a separate press convention in Damascus on Wednesday.

Each Pedersen and Shibani reiterated requires ending the worldwide sanctions imposed on Syria.