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Syria relies on Iranian credit to by food

The Syrian government has issued a tender to buy 50,000 tonnes of flour with payment through an Iranian credit line, Reuters has reported. This is the second time the government’s General Foreign Trade Organisation (GFTO) had asked to buy food through Iran this month after asking for quantities of sugar, rice, flour, oils and various other commodities in a tender which closed on December 17. “Most of the offers made for the tender are being done by Iranian firms who are offering rice and sugar that are already available inside Iran,” one Syrian trading source said. “The price offers are also above the market price,” the source said.