Syrian regime hopes to receive a new credit line from Iran
worth around $1 billion which it will use to buy basic goods, according to the
Reuters citing an assistant to Syria's minister of economy and foreign trade
saying on Wednesday.
At a time when millions of people in Iran are living under
the poverty line and the country's economy in in shambles due to the
backbreaking sanctions, the country's rulers are financing the Assad regime by
purring billions of dollars to save his brutal and bloody crown in Syria.
Tehran is Assad's most important regional ally and its financial aid has been seen as pivotal to keeping the Assad regime in power while the local currency has reached record lows over concerns about military setbacks against insurgents.
The comments come a day after Ali Akbar Velayati, a senior
adviser to Iranian Supreme Leader Khamenei, met Syrian President Bashar
al-Assad in Damascus and reiterated Tehran's backing for the Syrian regime.
Syrian regime media said the visit of Velayati, the most senior of three Iranian officials to travel to the Syrian capital in less than a week, yielded agreements on oil, electricity, industry and investment, without giving details.
Asked about whether there would be new credit lines from Iran, Hayan Salman said: "As an economic expectation I believe it will be in the range of $1 billion, God willing."
Syrian regime media said the visit of Velayati, the most senior of three Iranian officials to travel to the Syrian capital in less than a week, yielded agreements on oil, electricity, industry and investment, without giving details.
Asked about whether there would be new credit lines from Iran, Hayan Salman said: "As an economic expectation I believe it will be in the range of $1 billion, God willing."
He said a previous $3.6 billion credit line from Iran was
close to being used up. He said the fresh credit would be used "to secure
the flow of essential goods and materials," for Syria.
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