AGP Executive Report
Last update: 4 hours agoDigital Payments: QNB Syria and Paymera will explore linking local payment services with QNB’s international network, widening card acceptance for Syrian merchants and consumers. The move follows the country’s first international card payment in more than 15 years. EU Ties: Brussels is considering more investment and a revival of a frozen trade accord, alongside support for economic recovery, as it seeks closer ties with Damascus. Trade Routes: A reopened Syria-Lebanon crossing could handle up to 250 freight trucks a day, easing pressure on other routes. Syria and Jordan have also signed cooperation agreements, including a railway deal, as they work to deepen trade. Business Costs: Rising fuel prices in Kobanê have doubled transport costs for some traders, pushing up prices for essentials and adding pressure on households and small businesses ahead of winter. Industry: Baladna and Türkiye’s Gürmen Group signed an MoU to explore textile manufacturing in Syria, while Damascus is seeking wider trade and investment ties with Iraq.
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