Assad: Frozen Funds in Lebanese Banks are the Biggest Barrier to Investment

Syrian President Bashar Assad stated on Saturday that the biggest obstacle to investment in the country is the Syrian funds frozen in troubled Lebanese banks. He added that some estimates indicate that between 40 billion and 60 billion dollars of Syrian funds are frozen in Lebanon. In a speech following his oath of office for a fourth presidential term, he clarified that Syria will continue to work to overcome the difficulties caused by the Western sanctions imposed since the outbreak of the conflict in the country.