FINANCIAL NEWS

Syria, Bulgaria ink four economic pacts

26 Apr 2010

(MENAFN) Syrian Minister of Finance Dr. Mohammad al-Hussein said that Damascus has signed four agreements with Bulgaria in order to boost bilateral economic ties, QNA reported.

Minister al-Hussein said the signed final financial settlement agreement stipulates for paying $17 million of Syria’s debt to Bulgaria of Syria’s total $71 million foreign debts owed to Bulgaria.

Minister of Economy and Trade Lamia Assi said the signed economic cooperation agreement aims at increasing trade exchange between the two countries and attracting more investments.

Other two joint agreements were also signed in the field of sport and transport, the minister added.

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