Syrian Delegation in Washington Discusses Recovery and Financial Integration with the U.S. Treasury

A high-level Syrian delegation held talks in Washington with Eric Meyer, the U.S. Deputy Assistant Secretary of the Treasury for Africa and the Middle East, on the sidelines of the Spring Meetings of the World Bank Group and the International Monetary Fund. According to a statement issued Thursday by the Central Bank of Syria, the discussions focused on supporting Syria’s economic recovery and advancing its reintegration into regional and international financial and banking systems.

The delegation included Dr. Abdul Qader al-Hasriya, Governor of the Central Bank of Syria; Mohammad Yusr Barnieh, Minister of Finance; and Youssef al-Fares, Head of Multilateral Cooperation at the Ministry of Foreign Affairs.

Rebuilding Financial Institutions

Talks centred on the creation of transparent and resilient financial institutions. Priority areas included the development of the banking sector, the modernization of payment systems, and the expansion of digital financial engineering. Both sides reviewed ongoing efforts to strengthen frameworks for Anti-Money Laundering and Countering the Financing of Terrorism, while also improving public finance management through more effective budget preparation, revenue mobilization, and public debt oversight.

The delegation also coordinated with the U.S. Treasury’s Office of Technical Assistance to implement support missions aimed at enhancing institutional capacity, upgrading financial infrastructure, and reinforcing accountability mechanisms.

Reintegration into the International Economic System

Minister Barnieh held a series of additional high-level meetings designed to facilitate Syria’s return to the global economic arena. These included discussions with Abdulaziz al-Mulla regarding Syria’s scheduled rejoining of the Arab Group at the World Bank in October. The Minister also met with representatives of the European Commission and the European Investment Bank to explore opportunities for increased investment and the potential conversion of debt into grants.

Efforts to revive international aid were advanced through meetings with the Japan International Cooperation Agency, which addressed support for the agriculture, health, and education sectors. The delegation also engaged with the UN Capital Development Fund to secure financing for small and medium-sized enterprises.

Commitment to Reform

The Syrian delegation concluded its visit by reaffirming its commitment to reforms that strengthen integrity, transparency, and the foundations of sustainable growth. These engagements coincided with a technical roundtable of the “Friends of Syria,” where international partners underscored that institutional capacity building and sound financial management remain the essential pillars of Syria’s long-term economic recovery.

 

 

This article was translated and edited by The Syrian Observer. The Syrian Observer has not verified the content of this story. Responsibility for the information and views set out in this article lies entirely with the author.

The post Syrian Delegation in Washington Discusses Recovery and Financial Integration with the U.S. Treasury first appeared on The Syrian Observer.