Syrian Ambassador to Russia considers it important to connect the republic to the "Mir" payment system

04 July 2022



Syria considers it important to connect to the alternative payment system "Mir" in the conditions of the Western sanctions policy, Syrian Ambassador to Russia Riyad Haddad told TASS.


"The idea of creating the "Mir" payment system dates back to 2015. First of all, it was aimed at creating the basis for an independent payment system in the Russian Federation, especially after a large number of Russian banks were cut off from Western payment systems. Of course, Syria is interested in any systems that are alternatives to Western systems, given that it, in turn, was previously subject to similar sanctions from the West," he said. According to the ambassador, there is now "a growing need to extend alternative systems to many countries around the world that are subject to Western pressure and sanctions."


The diplomat also stressed that "the world economy is undergoing many changes since the start of Russia's special military operation in Ukraine, during which the US and the West imposed sanctions against Russia." "This has prompted Moscow to use the alternatives and banking systems available to it," Haddad noted.

 

 

GSV "Russia - Islamic world"

Photo: State Duma of the Russian Federation

Based on materials from TASS