Iran, Russia and China are propping up Syria’s war-ravaged economy, with President Bashar al-Assad’s regime doing all its business in rials, roubles and renminbi as it seeks to beat western sanctions, according to the country’s top economics minister.
Syria’s three main allies are supporting international financial transactions, delivering $500m a month in oil and extending credit lines, Kadri Jamil, deputy prime minister for the economy, said in an interview with the Financial Times.
He added that its allies would also soon help with a “counter-offensive” against what he called a foreign plot to sink the Syrian pound.
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