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Global Trade Alert

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Syria: Liberalization of foreign involvement in banking sector

Description

In a further step on 4 January 2010, the Syrian President signed Law 3 of 2010 raising foreign ownership ceilings in the banking industry.

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

01 Oct 2009

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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