DAMASCUS: Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan said on Saturday that the Kingdom will offer with Qatar joint financial support to state employees in Syria.
His statements came during a joint press conference with his Syrian counterpart Asaad Al-Shaibani in Damascus, who welcomed the foreign minister and his delegation on his arrival in the Syrian capital.
“The Kingdom will provide, with Qatar, joint financial support to state employees in Syria,” Prince Faisal said.
Syria and Saudi Arabia had previously discussed ways to strengthen bilateral relations in the financial sectors.
Prince Faisal referred to his country’s role in helping to lift economic sanctions on Syria, saying that Saudi Arabia would continue to be one of the main backers to Syria in its path for reconstruction and economic recovery.
He said he was being accompanied with a high-level economic delegation from the Kingdom to “hold talks (with the Syrian side) to bolster aspects of cooperation in various fields.”
Several visits would then follow in the coming days by Saudi businessmen to Syria to discuss investments in energy, agriculture, infrastructure and other sectors, he said.
The Kingdom and Qatar reaffirmed their commitment to supporting the stability and development of Syria, highlighting their shared historical and fraternal ties with the Syrian people, the Saudi Press Agency reported.
The two countries stressed the importance of improving living conditions and promoting economic and social stability in Syria.
They also expressed a strong desire to work in coordination with the international community and development partners to ensure sustainable, effective support through a comprehensive and unified vision, SPA added.
Prince Faisal also met with interim President Ahmed Al-Sharaa on Saturday during his visit and “the high-level economic delegation” held talks with Syrian officials about ways of cooperating “that contribute to supporting Syria’s economy and strengthen institution building.”
On a visit to Riyadh earlier this month, US President Donald Trump said he would lift US sanctions on Syria, a move that paves the way for economic recovery in the war-torn country.
The European Union also recently lifted economic sanctions on Syria.
In February, Sharaa visited Saudi Arabia in his first trip abroad as president.
Last month, Saudi Arabia and Qatar, another key backer of the new authorities, announced they would settle Syria’s debt to the World Bank totaling roughly $15 million.
Damascus is hoping that the lifting of sanctions, particularly by the United States, will pave the way for support from the international community.
Years of war and sanctions have battered the country’s economy, infrastructure and industry.
A recent United Nations Development Programme report estimated Syria’s “lost GDP” during the 2011-2024 war to be around $800 billion.
Prince Faisal first visited Syria’s new authorities in January.
* With AFP
