Discussions between Syria and France to invest 54 million euros of the funds confiscated from Rifat al-Assad in development projects Details: The Director of the International Cooperation Department at the Ministry of Foreign Affairs, Kutaiba Kadish, spoke with the French special envoy for Syria, Jean-Francois Guillaume, in Paris, in the case of the funds confiscated from Rifat al-Assad. The two sides agreed to establish a joint governance committee that will oversee development projects financed by these funds, and will exchange project proposals during the next week. The two sides discussed accelerating the completion of the necessary procedures for the investment of approximately 54 million euros from the confiscated funds in development projects serving the Syrian people. Kadish spoke with French officials about strengthening development support and coordination with national institutions, and the participation of the French crisis and support center in the forum for coordinating partnerships for Syria. Kadish spoke with the French Development Agency and the French Expert Agency in preparation for signing new agreements during the partnership forum scheduled for November 17, and especially the "Dawn" project worth 32 million euros to support the private sector, developing companies and microfinance. The discussions also dealt with political and regional developments, the French position supporting the stability of Syria and opportunities to improve logistical and commercial connectivity with regional and international markets. This comes as a follow-up to the declaration of intent signed by Foreign Minister Assad Hassan al-Shaybani and his French counterpart, Jean-Noel Brut, last July, regarding the funds looted by Rifat al-Assad.

Discussions between Syria and France to invest 54 million euros of the funds confiscated from Rifat al-Assad in development projects Details: The Director of the International Cooperation Department at the Ministry of Foreign Affairs, Kutaiba Kadish, spoke with the French special envoy for Syria, Jean-Francois Guillaume, in Paris, in the case of the funds confiscated from Rifat al-Assad. The two sides agreed to establish a joint governance committee that will oversee development projects financed by these funds, and will exchange project proposals during the next week. The two sides discussed accelerating the completion of the necessary procedures for the investment of approximately 54 million euros from the confiscated funds in development projects serving the Syrian people. Kadish spoke with French officials about strengthening development support and coordination with national institutions, and the participation of the French crisis and support center in the forum for coordinating partnerships for Syria. Kadish spoke with the French Development Agency and the French Expert Agency in preparation for signing new agreements during the partnership forum scheduled for November 17, and especially the "Dawn" project worth 32 million euros to support the private sector, developing companies and microfinance. The discussions also dealt with political and regional developments, the French position supporting the stability of Syria and opportunities to improve logistical and commercial connectivity with regional and international markets. This comes as a follow-up to the declaration of intent signed by Foreign Minister Assad Hassan al-Shaybani and his French counterpart, Jean-Noel Brut, last July, regarding the funds looted by Rifat al-Assad.