Syria Gets New Cash Shipment From Russia in Sign of Warming Ties
Syria received a new shipment of its local currency printed in Russia on Wednesday, marking a new sign of improving ties between Moscow and Syria's new rulers. The cash arrival is expected to be followed by further shipments, with the Syrian government official stating that more deliveries were anticipated in the future. The development comes as Damascus' previous contract with a subsidiary of the Austrian central bank was terminated due to European sanctions.
- This shipment could potentially alleviate some of the economic pressures faced by Syria's new rulers, who have struggled to stabilize the country's war-ravaged economy.
- What implications will this new partnership between Russia and Syria have for the region's geopolitics, particularly in light of ongoing tensions with Turkey?