Syria restores credit card payments in effort to rejoin the global economy | Syria’s War News
Syria Authorizes Banks to Collaborate with Visa and Mastercard
Syria has granted authorization for its banks to collaborate with Visa and Mastercard as part of its ongoing efforts to reintegrate into the global economy. This decision aligns with the European Union’s recent agreement to restore more comprehensive trade relations with Damascus.
Despite these advancements, Syria continues to pursue its removal from the United States’ list of state sponsors of terrorism. The U.S. designation has significant implications for the nation’s economic relations and development prospects.
This announcement comes amid a backdrop of evolving diplomatic relations as Syria seeks to stabilize its economy in the wake of prolonged conflicts and international sanctions.
