Retail & Trade
Syria and Qatar are currently holding discussions in Doha for the establishment of a free trade area between them by the beginning of next year and for the avoidance of double taxation.
Officials from the ministries of economy and transport said that a project for the establishment, in the coastal Tartous governorate, of a free trade zone, with its own port, is currently being studied, reported Moheet, an Arabic portal.
Egypt has decided to set 150% custom rates on all imports of Syrian cotton yarns into the country, reported the state news agency, MENA.
Syria and Pakistan have signed a new trade protocol in Islamabad.
The Syrian-Bahraini committee is scheduled to meet in Damascus on Sunday 7 and Monday 8 April.
Pakistan Commerce Minister Abdul Razak Dawood offered to import raw cotton from Syria at zero duty, in exchange for Syrian imports of Pakistanese sugar, paper, cement, and fertiliser equipment.
Year-on-year trade between Jordan and Syrian grew by 50 percent in 2001, according to official sources in Jordan.
According to Mohammed Said al Bunni, Syria's ambassador to Turkey, trade between the two countries grew to USD1 billion in 2001.
The 15 Arab League countries which have agreed to form a free trade zone decided yesterday to remove all customs tariffs by 2005, two years earlier than scheduled, officials in Cairo said.
The Syrian-Egyptian joint council ended its two days meeting in Cairo with the signing of 9 different cooperation agreements.
Egypt and Syria are expected to sign agreements on cooperation in trade, investment and natural gas sectors, Egypt's official MENA news agency reported.
Syria and Turkey are to sign an agreement to work together to boost tourism in the region.
The Jordanian government is expected to endorse early next month the Jordan-Syria free trade agreement (FTA) which will immediately lift tariffs on two-way trade.
Jordanian and Syrian officials on Wednesday launched talks aimed at upgrading the land and maritime transport fleets of their countries' joint firms, said Sana, the state news agency.
Iraq and Syria agreed on Friday to invest in joint industrial ventures in a further improvement of ties after years of tension, the official Iraqi News Agency (INA) said.
Dama Rose Hotel
Dama Rose Hotel