Syria and Saudi Arabia sign defence deal and $403m in reconstruction loans
Briefing by News4U · First published
Syria's President Ahmed al-Sharaa and Saudi Crown Prince Mohammed bin Salman oversaw the signing of several agreements in Riyadh on Wednesday, including a defence cooperation deal between the two defence ministries that Syria's Foreign Ministry called the most notable, though terms were not disclosed. The Saudi Fund for Development also agreed to provide $403m in concessional loans under six agreements with Syria's Finance Ministry, including $100m for damaged healthcare facilities, $60m for housing, $105m for civil defence, $90m for the Aleppo thermal power plant and $30m for drinking water systems in Damascus and Idlib, the Saudi Press Agency reported. [1]
Sources
- Syria, Saudi Arabia sign defence cooperation deal, agree $403m in loans
Al Jazeera · · Full text