LONDON, Dec.2 (SANA) The British government has outlined guidelines for companies and banks considering investment in Syria, responding to growing business interest following the easing of sanctions, and in support of the country’s reconstruction efforts.
The government, in guidance published on its official website Tuesday, noted the existence of promising trade and investment opportunities in Syria. It stated that it supports companies engaging in business and investment there, provided their activities comply with British law and that Syria is the final destination for such operations.
It stressed the importance of adhering to export controls and anti-money laundering regulations, and clarified available licensing mechanisms, including general licenses and exemptions for humanitarian purposes.
Meanwhile, the Syrian British Business Council announced the launch of its operations in Damascus on the 30th of November, attended by ministers, ambassadors, and business leaders from various sectors in both countries, under the patronage of the Ministry of Economy and Industry.
A/Dh