GAZA: Israel reopened the Zikim Crossing in northern Gaza to allow humanitarian aid trucks into the enclave on Wednesday, COGAT, the Israeli military’s arm that oversees aid flows, said.
UN aid agencies have been calling for the reopening of the crossing for more aid to flow into the devastated northern part of the enclave, especially after last month’s Israel-Hamas ceasefire.
The UN humanitarian office (OCHA) said that the crossing was shut on September 12 and no aid groups have been able to import supplies since. Israel’s military has not responded to a request for comment on its reasons for the closure.
Some humanitarian aid was allowed into northern Gaza through the south, but more was needed as the northern Gaza City and surrounding areas were officially suffering from famine, a global hunger monitor had said a month earlier.
A COGAT statement said the crossing opened “in accordance with a directive of the political echelon.”
“The aid will be transferred by the UN and international organizations following thorough security inspections by the Land Crossings Authority of the Ministry of Defense,” it added.
Israel opens Zikim crossing in northern Gaza for aid trucks, COGAT says
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Israel opens Zikim crossing in northern Gaza for aid trucks, COGAT says
- UN aid agencies have been calling for the reopening of the crossing for more aid to flow into the devastated northern part of the enclave
Syria’s growth accelerates as sanctions ease, refugees return
- Economy grows much faster than World Bank’s 1% estimate, fueling plans for currency’s relaunch
NEW YORK: Syria’s economy is growing much faster than the World Bank’s 1 percent estimate for 2025 as refugees flow back after the end of a 14-year civil war, fueling plans for the relaunch of the country’s currency and efforts to build a new Middle East financial hub, central bank Governor AbdulKader Husrieh has said.
Speaking via video link at a conference in New York, Husrieh also said he welcomed a deal with Visa to establish digital payment systems and added that the country is working with the International Monetary Fund to develop methods to accurately measure economic data to reflect the resurgence.
The Syrian central bank chief, who is helping guide the war-torn country’s reintegration into the global economy after the fall of Bashar Assad’s regime about a year ago, described the repeal of many US sanctions against Syria as “a miracle.”
The US Treasury on Nov. 10 announced a 180-day extension of the suspension of the so-called Caesar sanctions against Syria; lifting them entirely requires approval by the US Congress.
Husrieh said that based on discussions with US lawmakers, he expects the sanctions to be repealed by the end of 2025, ending “the last episode of the sanctions.”
“Once this happens, this will give comfort to our potential correspondent banks about dealing with Syria,” he said.
Husrieh also said that Syria was working to revamp regulations aimed at combating money laundering and the financing of terrorism, which he said would provide further assurances to international lenders.
Syria’s central bank has recently organized workshops with banks from the US, Turkiye, Jordan and Australia to discuss due diligence in reviewing transactions, he added.
Husrieh said that Syria is preparing to launch a new currency in eight note denominations and confirmed plans to remove two zeroes from them in a bid to restore confidence in the battered pound.
“The new currency will be a signal and symbol for this financial liberation,” Husrieh said. “We are glad that we are working with Visa and Mastercard,” Husrieh said.
