Competition over energy resources has played a major role in the power struggles of the Middle East over the last half century. However, its importance in the Syrian conflict remains difficult to adequately assess.Syria lies at a crossroads of energy export routes and various pipelines, existing or under plan, across its territory. The most significant of these projects involve countries such as Iran, Iraq, Qatar and Turkey.
Nearly three years into Syria’s deep civil war and the country’s deep divisions have now also arrived in the country’s business community.
The Arabic edition of France 24, a French TV channel, conducts a 10-minute interview with the editor-in-chief of The Syria Report.
In this paper, Samer Abboud looks at the behaviour of the Syrian business community since the beginning of the uprising more than two years ago. The paper is part of a project by the German Foreign Office on elite change and social mobilization in the Arab world.
In an alarming report published early July, the World Food Programme and the Food and Agriculture Organization of the United Nations warned of the catastrophic state of the Syrian agricultural sector and of the serious threat that the decline in farming production presents to the population’s food supply.
The Syrian government announced in June the imposition of new restrictions on private sector imports, a move that reflects the authorities’ growing nervousness as all economic and financial indicators are in the red.
The Syria Report has recently been quoted in several articles on the Syrian economy.
Syria’s ongoing destruction has impacted the Lebanese economy in various ways, but its eventual reconstruction could bring rich opportunities to its smaller neighbor.
On April 22, the European Union lifted its embargo on Syria’s oil exports to enable the purchase of crude oil from the opposition. The diplomatic move also permitted the sale of oil equipment to the opposition and allow the investment in oil fields located in rebel-held areas.