The outburst of violence in the city of Hassakeh between the Syrian regime and the YPG, the armed branch of the Kurdish PYD, has ended with an agreement today that will apparently lead to the withdrawal of all forces affiliated with the Syrian regime, a move that has significant consequences on the political scene as well as on the governance of Syria’s northeast.
Turkish exports to Syria in the first half of the year declined but remained relatively strong.
The number of investment projects licensed by the Syrian Investment Agency in the first half of 2016 declined markedly on an annual basis.
Renewed bombardments on Damascus after months of calm and the targeting of the main water pipe to the city has returned some form of instability to the Syrian capital.
The U.S. Treasury has put eight individuals and seven entities under Syria-related sanctions in the first update of its blacklist for eight months.
The appeal by Samir Hassan, a leading Syrian investor, to lift sanctions imposed on him by the European Union has been rejected.
The American Congress is working on a bill that would impose additional sanctions on the Syrian regime and its allies and seek to start investigations into the eventual prosecution of war criminals.
The Syrian President has appointed two new governors to the provinces of Suweida and Damascus Countryside, including a retired officer under EU sanctions.
The only road still linking the rebel-held part of Aleppo to the outside world was closed last week by militias affiliated and allied to the Syrian regime.
According to the Ministry of Economy, Syria’s import bill last year halved on an annual basis.
Syria’s main opposition body, the National Coalition, has formed a new Interim Government.
Syria’s balance of payments remained largely in the red last year as the current account continued to suffer from dismal goods and services exports, the IMF said in a report on the state of the Syrian economy.
The Syrian Government has banned Bureau Veritas and SGS from dealing with Government entities for a period of three years.
The European Union Council is amending the reasons for blacklisting a number of Syrian officials and investors.
Updated on July 05: A new Government was formed in Syria on Sunday, the first in two years.
Tax Revision Committees
Damascus Chamber of Commerce
Damascus International Fairground