Food & Agriculture
Nama, the only listed agro-food company, said that assets it owns located in the Hassakeh province were attacked causing damages worth dozens of millions of Syrian pounds.
Syria’s seed cotton crop is estimated to have dropped significantly while the government is unable to access much of it.
The state-owned General Fertilizers Company has stopped all production because of low demand and arrears owed by the Agricultural Bank.
The sharp decline in local output will force Syria to increase its foreign procurements of wheat, according to a government official.
The ministry of economy has banned all exports of fruits and vegetables until the end of the year in a bid to maintain regular supplies in the local market.
The Syrian government is raising dramatically the price of fertilizers sold to its farmers.
Syria and Russia have signed a contract for the construction of a new flour mill near the town of TalKalakh.
Syria has cancelled two tenders for the procurement of food commodities in recent weeks, Reuters has reported, further endangering food supplies to the population.
Syria’s citrus fruits production is expected to be on target this year as it will be little affected by the violence gripping the country.
Syria has issued a new tender for the purchase of wheat as the government plans a surge in imports to meet falling demand.
Syria has extended the deadline for a tender to procure rice from international markets.
The Agricultural Support Fund, originally established to help farmers cope with the rise in the price of their inputs, is seeing a decline in its annual budget in spite of soaring input costs.
Syria’s falling agriculture production is forcing the government to issue various tenders for the import of food products.
The FAO’s new estimate for Syria’s wheat crop is 2.4 million tons as the government reports that procurements from farmers are at less than a third of last year’s level.
Syria is issuing new tenders for the procurement of white sugar and rice.
Taxation in Syria
Damascus Chamber of Commerce
Dama Rose Damascus Hotel