VOL. XXXI

NO. 16

25-JANUARY-1988

Financial and Banking News

AID FLOWS

France Renews Soft Loans to Syria

France has agreed to renew its soft loans to Syria by providing FF200mn($36mn) for development projects, according to a French embassy official inDamascus. The low-interest loan was agreed upon during the visit to Damascus inOctober by Foreign Minister Jean-Bernard Raymond. The visit ended a 10-monthsuspension of high-level contracts between members of the European community andDamascus after...