Algeria says willing to back ‘mediation’ over W.Sahara

Ahmed Attaf, Algerian Foreign Minister, addresses the High-Level Security Council meeting on Palestinians and Israel during the 80th session of the United Nations General Assembly, Tuesday, Sept. 23, 2025. (AP)
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Updated 18 November 2025
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Algeria says willing to back ‘mediation’ over W.Sahara

  • Tuesday’s move comes after the United Nations Security Council on October 31 voted in favor of Morocco’s plan for the territory, which would provide Western Sahara autonomy under the kingdom’s sole sovereignty

ALGIERS: Algeria said on Tuesday it was willing to back mediation between Morocco and Western Sahara’s Polisario Front in their dispute over the territory to achieve a “just and lasting” solution.
Algiers, which broke off relations with Rabat in 2021, had long called for a referendum on the Sahrawi people’s self-determination, unilaterally backing the pro-independence Polisario.
Tuesday’s move comes after the United Nations Security Council on October 31 voted in favor of Morocco’s plan for the territory, which would provide Western Sahara autonomy under the kingdom’s sole sovereignty.
Western Sahara is a vast mineral-rich former Spanish colony that is largely controlled by Morocco but has been claimed for decades by the Polisario Front.
“Algeria will spare no effort to support any mediation initiative between the two parties to the conflict, provided it falls within the UN framework and is based... on the fundamentals of a just, lasting and definitive solution,” Foreign Minister Ahmed Attaf said at a press conference.
The Security Council had previously urged Morocco, the Polisario Front, Algeria and Mauritania to resume talks to reach a broad agreement on the Western Sahara.
But at the initiative of US President Donald Trump’s administration, the council backed Rabat’s plan, which Morocco initially presented in 2007.
The resolution said “genuine autonomy could represent a most feasible outcome” under the plan to end the dispute.
Morocco must now update its proposal to reach “a final mutually acceptable solution,” according to the resolution.
Western Sahara remains on the UN list of non-self-governing territories.
The Polisario still demands a UN referendum on self-determination — promised under a 1991 ceasefire but never held.
 

 


Syria’s growth accelerates as sanctions ease, refugees return

Updated 06 December 2025
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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.