Today, the Central Bank of Syria issued two decisions that include “facilitating the procedures for granting approval to exporting industrialists to benefit from all export parts in financing their imports,” and “making some amendments to the decision to organize export undertakings.”
In a statement posted on its channel via Telegram, the Central Bank indicated that one of the most prominent amendments to the decision to regulate export undertakings is that “the export undertaking is no longer allowed to be regulated except by those who have financial solvency,” indicating that the aim of this is to reduce the category of fake exporters who regulate export undertakings. In their names, while the actual export process and the receipt of foreign exchange are practiced by other persons who evade the application of laws and regulations.
The Central Bank pointed out that the two decisions come in accordance with its current directions to make the necessary amendments to decisions and instructions related to foreign trade operations.
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