Business & Economy

Syria borrows from Russia

Russian Deputy Prime Minister Yuri Borisov announced that Russia has provided a loan to Syria to enable it to finance the purchase of food and grain.
The Russian official’s statement came on the sidelines of the Petersburg International Economic Forum held this week.
Borisov pointed out that Moscow and Damascus are seeking to switch to supplying the Syrian side with grain on a commercial basis, and said: “The situation is difficult there in Syria… We gave them a loan, and they spend part of it on buying food, including grain.”

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