During a visit of Syrian Foreign Minister Walid Al-Muallem to New Delhi last week, the Indian Government reportedly promised a resumption of works on two large projects in Syria.
Two-thirds of Imports by International Aid Organisations Could be Procured Locally – Ministry of Economy
The Syrian Ministry of Economy has said that more than two thirds of the food and other aid imported in Syria by international donor organisations could be produced locally.
The Syrian Government has rushed in recent weeks to approve various laws and decisions in the economic field.
The Syrian Government has passed a law regulating PPP projects in the country, in an additional sign that the regime is preparing itself for a potential reconstruction drive.
Syria established last week two new bodies aimed at promoting local production and exports and improving the competitiveness of Syrian products relative to imports.
Six municipalities in the opposition-held parts of the Daraa Governorate will see a resumption of waste management services through a new EUR 3.17 million project.
Starting January 8, all Syrians entering Turkey will need to obtain a visa from the nearest Turkish consulate, in what is one of the first consequences of the recent agreement signed between the EU and Turkey.
The European Union has removed a Syrian businessman from its sanctions list, only nine months after listing him.
Two new countries have announced additional commitments to Syria’s recovery fund.
The United Nations is requesting close to USD 8 billion to meet the humanitarian needs of the Syrian war.
Government officials inaugurated last week in Lattakia the Syrian-Russian Export Village with the theoretical aim of promoting Syrian exports to Russia.
The European Union announced last week a EUR 390 million aid package aimed at helping the countries neighbouring Syria cope with refugees.
The Ministry of Economy has asked for an increase in the import of raw materials and other inputs needed for the production of essential products at the expense of the import of finished products as part of the efforts of the Government to reduce demand for foreign currencies.
Every week, decisions issued by the Government are confirming the financial strains the Syrian authorities are facing.
Syria’s 2016 budget was formally approved last week with total expenses of almost 2 trillion Syrian pounds.
EDU 2011 Damascus
Tax Revision Committees
Damascus Chamber of Commerce