Syria and Saudi Arabia Sign $403M Development Loan Agreements, Defense Pacts

Syria's Finance Ministry announced six concessional development loan agreements with the Saudi Fund for Development worth over $403 million, alongside agreements between the two countries' defense ministries. This marks a significant deepening of bilateral ties, continuing the rapprochement that began with Syria's return to the Arab League in 2023. The defense agreements signal potential security cooperation, though details remain undisclosed.

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