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U.S. Treasury reportedly held talks on reconnecting Syria’s banks to global finance
A post says the October 1 meeting in New York brought together Syrian officials, U.S. banks and payment firms.
TLDR
A post says the U.S. Treasury met Syria’s finance minister and central bank governor in New York on October 1, with American banks and payment firms attending. The talks focused on correspondent banking, which would let Syrian banks send and receive money through the formal system. The post says banks still need compliance gaps closed before moving forward, despite Trump having lifted virtually all U.S. sanctions on Syria.
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