Symposium on Banking system

Under the patronage of Syria's Prime Minister Naji Otari, a symposium on "the Banking Systems' development in confrontation of the financial globalization and its repercussions on Syria" was opened in Damascus yesterday.

The symposium is organized by cooperation of Bordeaux IV University, Damascus University and French Embassy in Syria.

Minister of Finance Mohammed al-Hussein, who represented Otari, delivered a speech where he stressed that this symposium is very important because it deals with pivotal issues that back the banking and financial reform process which are major parts of the complete economic reform being launched in Syria under the leadership of President Bashar al-Assad.

The French Ambassador to Syria Jean Francois Girlaut, for his part, stressed the importance of deepening the Syrian - French cooperation in the fields of banking and finance expressing France's will to offer banking expertise to Syria and to help her achieve her strategy for attracting capital.