Customs (298)


Preliminary data from Syrian officials indicate that tax revenues increased last year, as a consequence of an improvement in economic activity and tax collection, although they remain far below budgetary expenses.


The Syrian government’s attempts to lure Russian direct investments, including in the cement industry, have limited chances of succeeding.


The combined number of cars assembled by Syria’s five car assembly plants reached a mere 499 cars in the first 11 months of the year, a reflection of the dismal situation of the market and of the purchasing power of the population.


Syrian-Iranian bilateral trade, excluding crude oil, increased over the past two years, although it remains well below its pre-uprising level.


The volume of containers handled by the Lattakia Port in the first nine months of the year has increased, mostly because of a rise in imports.


A decision by the government to facilitate the import of textile fabrics has created wide protests among powerful Aleppo manufacturers and highlighted the contradictory interests of the Syrian business community.


Syria’s car assembly plants produced a combined 1,500 units so far this year, according to a local media.


Syria’s customs department generated revenues of SYP 177 billion in the first three quarters of the year, as it continues to represent a main source of government revenue.


A meeting by the Syrian and Russian governments today has yielded surprisingly little results, in an additional sign of the difficulties facing Syria’s reconstruction ambitions.


The Interim Government of the Syrian opposition has taken over the control of a border crossing between Turkey and northern Syria, which will enable it to have its first relatively significant source of independent revenues.


The tables below provide a list of Syria's main trading partners last year with the value of their exports to, and import from, Syria.


The tables below provide a list of all Syria's trading partners last year with the value of their exports to, and import from, Syria.


The expected reopening of the Syrian-Jordanian border crossing will bring significant benefits to the Syrian economy.


On Thursday, the Damascus International Trade Fair will reopen after a 5-year hiatus as the Syrian regime attempts to bring back foreign investors and promote a return to normalcy.


Syria’s trade with two of its neighbours remained mostly unchanged in the first half of this year, official data indicate.


The text of U.N. Security Council resolution 2368 (2017) adopted on July 20, 2017 encouraging Governments to update their methods for cutting off funds to terrorist groups, preventing their travel, banning them from acquiring arms and ensuring that sanctions were fully implemented.

The text of the resolution reads as follows:


Revenues from the customs department, which represents a rare source of stable government revenues, increased again in the first half of this year, according to an official.


The launch of a new car assembly plant in Syria, the second in the space of four months only, has served to highlight the steady rise to prominence of an increasingly powerful businessman.


Syria has reduced customs duties on manufacturing inputs by 50 percent in a bid to encourage local production and reduce imports.


Cham Holding is expected to conclude a long-term agreement to develop a real estate project for the first time since the beginning of the uprising in 2011.


A full breakdown of Syria's 2017 budget with current and investment expenses detailed for each item in the budget.


A breakdown of Syria's 2017 forecast budget revenues.


In this 2,500-word factsheet, we provide an overview of Syria’s economic and financial relations with Russia.


Despite a decline in its exports to Syria last year, Turkey remained an important trading partner.


While a Syrian company announced last week the beginning of production and sale of two new cars assembled locally, the Government still struggles to attract back manufacturers.


Preliminary data from the Syrian government suggest that the trade deficit decreased last year as imports fell by almost a third.


The table below lists the main product categories exported to, and imported from, Lebanon in 2016.


Syria’s trade with Lebanon felt last year to its lowest level in fifteen years although much of the bilateral trade remains informal.


Revenues from the customs department increased by around two thirds last year, representing now a meaningful source of income for the Syrian treasury.


Syrian exports were at a record low last year, data indicate.


An important Russian delegation promising economic aid to Damascus visited Syria this week, although the scope and size of this aid seems again unclear.


The text of the interview of Bashar Al-Assad by Portuguese TV channel RTP on November 15, 2016.


As fiscal revenues remain very low, the Syrian government is on the hunt to generate more income through raising all sorts of taxes and fees and cracking down on tax fraudsters.


In the first half of 2016, Syria’s trade with Lebanon continued to decline for the third year in a row.


The following docment issued by the U.S. Treasury and the U.S. Customs and Border Protection office lists all the artifacts that are banned from import into the U.S.


The U.S. Administration has banned the import of archaeological and ethnological items from Syria, years after wide scale smuggling of Syria’s cultural heritage was first documented.


Syria’s customs revenues increased in the first half of this year as a consequence of the decline in the value of the pound relative to the dollar.


A border crossing between Iraq’s Kurdistan and Syria’s north-eastern region has been reopened after three months of closure.


Lebanon has banned all imports of Syrian fruits and vegetables until early next year, in a move to protect its farmers.


After much delays and official announcements by the Governments of Syria and Iran, the preferential trade agreement between the two countries finally entered into force a few weeks ago.


The city of Homs appears to betting on some form of support by Belarus to help it in its reconstruction drive.


The table below lists all the Syrian companies contracted by UN agencies in 2012. The data include the name of the companies, the subject of the contracts and their value.


Private investment fell sharply last year in Syria, after a relative respite in 2014, data from a government body indicate.


Syria slightly reduced its trade deficit with Lebanon last year, according to data from the Lebanese customs.


Growing in assertiveness, the Kurdish Self-Administration Democratic Authority in north-eastern Syria has issued in the past two years more than 40 different laws including investment regulations, the imposition of customs fees and the commemoration through a public holiday of the arrest of Abdallah Ocalan.


The Syrian Prime Minister fired last week the head of the Syrian Customs Department, Majdi Hikmieh.


Revenues generated by the customs department increased last year in Syrian Pound terms, although this was only the consequence of the decline in the value of the currency.


The text of Security Council Resolution 2253 (2015), imposing sanctions on the Islamic State in Iraq and the Levant (also called ISIS).


Syrian industrialists are renewing calls for the establishment of a Turkey boycott office akin to the Israeli Boycott Bureau, a move that has economic as much as political motives.


Syria’s tax revenues have increased markedly in the first half of this year, according to the Ministry of Finance.