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Regional and International Economy>>Finance Minister signs an Agreement Settling a Libyan Deposit in the Central Bank of Syria

Finance Minister signs an Agreement Settling a Libyan Deposit in the Central Bank of Syria

Aug 21, 2008

Damascus ,(SANA)-
The agreement which was signed in Tripoli , Libya , today wrote off the accumulated interests of the Libyan deposit of USD 200 millions and the investment of this deposit in Syria.
The agreement was signed by Finance Minister, Mohammed Hussein , and his Libyan counterpart,Mohammed Ali Hwaij.
The agreement indicated that the deposit will be invested in a cement factory for a limited period of time before its ownership is transferred to Syria.
A.N.Idelbi
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