Customs (298)


Revenues generated from customs fees and taxes this year will be higher than in 2014 in nominal terms and continue to represent an important source of income for the Syrian Treasury.


The Syrian Government has banned state institutions from importing from Turkey, while at the same time expanding access to Iranian products.


Syria’s trade with Lebanon declined by six percent in the first half of 2015 according to statistics from the Lebanese customs.


The Syrian authorities are continuing to issue legislation targeted at both raising fiscal revenues and encouraging some business sectors.


Syria’s trade deficit remained extremely large during the first half of this year as exports represented less than 7.5 percent of the value of imports, official data show.


For the second week in a row, the US dollar has climbed in the Syrian foreign currency market.


Syria and Iran signed last week several economic agreements, although a widely expected new credit line from Tehran was not included.


Tax evasion in Syria is at some 8 percent of GDP, according to estimates produced by the General Workers Union.


Syria’s imports from Russia stood at around USD 1 billion in 2014, according to a Government official.


Syria’s market for new cars remained depressed last year, according to preliminary data from the customs directorate.


In Syrian Pound terms, customs revenues increased last year, according to a government official.


Syria’s trade with Lebanon dropped dramatically last year largely because of a decline in Lebanese exports of oil products.


The Syrian Government has extended an exemption of customs duties on Iranian products, the only known result of several days of negotiations between the two governments.


The decrease in customs duties by the Syrian Government is being opposed by manufacturers of the textile sector who fear for their competitiveness.


The Syrian Government has overhauled drastically the country’s customs tariff schedule and reduced to a fifth the highest duty rates.


After holding steady for several weeks the Syrian Pound lost again last week some ground relative to the U.S. dollar.


The administration of the Bab Al-Hawa border crossing between Turkey and Syria, which is in the hands of forces affiliated to the opposition, has denied rumours that it had raised transit fees.


The government has extended an exemption of all import fees and duties on a list of food items imported by state entities until the end of this year.


Syria’s trade with Lebanon decreased markedly in the first half of this year compared to the same period of 2013.


The text of U.N. Security Council resolution 2165 (2014) adopted on July 14, 2014, on delivering humanitarian “across conflict lines.”


Russia will provide a grant worth several hundred million dollars to the Syrian Government under an agreement signed last May.


The Syrian Ministry of Economy has reportedly drafted a law that will reduce and simplify the customs tariff schedule imposed on imported products.


An attempt by the Syrian government to limit import trade has created a black market for import licenses granted to local traders.


Syria has applied to join the Shanghai Cooperation Organisation, according to the deputy Minister of Economy.


Bilateral trade between Syria and Turkey doubled last year on an annual basis, official statistics show, although it remained well below pre-uprising levels.


Two sets of preliminary data have confirmed that, excluding oil products, Syria’s foreign trade has become largely dominated by food commodities and phosphate.


Syria’s imports from Lebanon increased to $524 million in 2013 as the country increasingly relied on its smaller neighbor to transit its oil procurements.


The cost of construction for housing units in Damascus more than doubled last year, according to estimates from a state entity.


In a trade fair organized in Beirut last week, Syrian garment exporters managed to clinch contracts worth dozens of millions of dollars.


Syria’s customs revenues declined a further 10 percent in nominal terms last year, according to preliminary data.


The Syrian government is reducing customs duties on food imports as the low local production is creating shortages and raising prices.


Government data have confirmed a dramatic plunge in Syria’s foreign trade in the last two years.


Syria’s car market fell dramatically in the last three years, according to a government official.


Revenues generated by the customs department continue to decline this year as a result of the fall in Syria’s foreign trade activity.


The English transcript of the interview of Syrian President Bashar Al-Assad with Italian Rai News on September 29, 2013.


Trade between Lebanon and Syria surged in the first half of this year, according to official statistics.


A Presidential decree issued on Sunday has banned all commercial transactions in any currency other than the Syrian pound, in a bid to stem the decline of the local currency.


Syria’s car market continued to fall dramatically last year, according to government statistics.


The increasing risks associated with transporting goods through Syrian territory have led to a sharp rise in insurance premiums.


The government’s revenues from customs tariffs and fees declined last year on the back of falling foreign trade.


The Syrian government has no more revenues because of the ongoing conflict and the destruction of the economy, the Syrian Prime Minister has said.


Facing growing difficulties to supply foreign currencies to the market and as inflation continues to increase, the government imposed last week severe restrictions on import trade by the private sector.


Syria’s imports of white sugar remained strong last year according to government statistics.


Syria’s trade balance with Iraq was largely positive last year, a government official said.


Bilateral trade between Iran and Syria declined by a third last year, according to an Iranian trade official.


Syria’s formal inflation rate has remained at just under 50 percent in October and November, according to the Central Bureau of Statistics.


The market for new cars in Damascus dropped dramatically last year according to the city’s transport directorate.


Traffic at Syria’s two commercial maritime ports fell sharply last year, according to the Deputy Minister of Transport.