date:Jan 07, 2014
btaining the necessary approvals to unlock the funds.
France in September cleared the use of frozen Syrian bank assets for food under a European Union system that allows such funds to be used for humanitarian ends.
Paris-based lender Union De Banques Arabes Francaises (UBAF) confirmed it had approved the release of such funds.
State-owned food buying entities through most of 2013 struggled with import tenders for rice, sugar, flour and wheat, although deals were struck outside the tender proc