Financial and Banking News
AID FLOWS
EEC Provides $8mn for Syrian Agricultural Project
The European Economic Community (EEC) has agreed to lend Syria an ECU 9.3mn ($7mn) for a drainage and irrigation project in the Lower Euphrates Valley, according to an announcement on 24 October. The EEC will also provide an outright grant of ECU 700,000 ($525,000) as additional financing for the project.
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