Food & Agriculture
The Syrian Government is suspending all loans to cotton growers, an unprecedented move for the pro-farmers Baathist-led government that signals increasing financial difficulties for the Syrian authorities.
An Iranian company will build five new flour mills in Syria under a contract that will be financed by the recent credit line provided by Tehran to the Syrian government.
Syria’s sugar beet crop is likely to witness a steep decline this year as farmers planted the crop on only 40 percent of the allocated area, according to an official from the Ministry of Agriculture.
A fire destroyed large parts of the Nestle factory in Syria at the end of February, one of several large plants to have been damaged around the Syrian capital in recent weeks.
The Syrian government has issued a new tender to import wheat 100,000 tons of soft milling wheat from international markets.
The General Organization of Tobacco has reported a decline in production partly due to sanctions that have suspended output at its Gitanes and Lucky Strike factories.
Syria has contracted for the import of an additional 100,000 tons of wheat, according to news reports.
Demand for sugar fell 40 percent last year according to Tarif Al-Akhras, a major local trader in the commodity.
The Food and Agriculture Organisation of the United Nations, has issued an alarming statement on the state of the Syrian agricultural sector and on its impact on both the levels of food supply and the livelihood of large segments of the Syrian population.
Nama, a listed agro-food company, witnessed a 5 percent annual decline in its 2012 revenues, although it still managed to post a profit.
Syria’s production of wheat stood at 3.8 million tons in 2011, according to the latest data from the Ministry of Agriculture.
The owner of Syria’s largest confectionery producer has seen his assets frozen because of his alleged support of terrorism, according to local press reports.
Syria has issued a tender for the purchase of 100,000 tons of soft milling wheat.
Syria has contracted an international supplier for the purchase of 100,000 tons of feed barley.
The Syrian government is increasing the area of irrigated land used to grow wheat as it plans a record harvest next year and is allocating SYP 33 billion to purchase the cotton crop from its farmers.
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