Customs (316)


Syria was the 4th largest source of medicines and the 5th largest source of body care items intercepted in 2009 by the EU customs for infringement of intellectual property rights.

Revenues generated by Syria’s customs stood at SYP 43 billion in the first half of this year, an annual increase of 30 percent.
A new decree issued by the Syrian President on June 22 introduces a set of measures to protect the country’s “emerging industries” against competing imports.

Bilateral trade between Syria and Lebanon fell to USD 459 million in 2009, an annual decline of 7.2 percent, according to the latest figures from the Syrian-Lebanese Higher Council, which sources its data from the Lebanese customs.


Syria ranked 104 out of 125 countries in the world and 11 out of 12 Arab countries in the Enabling Trade Index, an index produced by the World Economic Forum (WEF).

Syria’s economy has problems but is not in crisis, Abdallah Dardari, Syria’s Vice Prime Minister in Charge of Economic Affairs said.

The number of business projects that have received a licence by the Syrian Investment Agency in the first quarter of 2010 increased by 87.5 percent compared to the same period of last year.


The English transcript of statements made by Syrian President Bashar Al-Assad and Turkish President Abdullah Gul in a joint press conference in Istanbul on May 08, 2010.

The revenues of the Syrian customs grew by 31.2 percent in the first quarter of this year, according to the Ministry of Finance.

The Military Construction Establishment, or Milihouse, is carrying a USD 17.4 million contract to reorganize the road traffic in the Kafr Sousseh district of Damascus.


Bureau Veritas and SGS have signed contracts with the Syrian Government to provide pre-shipment inspection for all products imported to Syria.
Saleh Kamel, chairman and founder of the Dallah Al-Baraka Group, called on Syria’s President to apply a Correctionist Movement to Syria’s economy.
Toyota has launched in Syria its latest generation car, Prius, the first hybrid vehicle to enter the Syrian market.
Syria ranked 80th in the world and 9th regionally in the World Bank’s Logistic Performance Index for 2010.
The Syrian-Turkish High-Level Strategic Cooperation Council (STHLSCC) wrapped up its first meeting in Damascus on December 23, with the signing of 50 memoranda of understanding and protocols of cooperation.

Syria’s pistachio production is forecast at 70,000 tons in 2009, an increase of 10,000 tons compared to last year.

The Syrian Investment Agency has recently released an update on the projects it has licensed. Many investments, however, fall outside its scope. The Syria Report talks to Ahmad Abdel-Aziz, the head of SIA.
Iraq was Syria's main trading partner last year according to data from the Central Bureau of Statistics.
The Syrian Investment Agency plans to introduce new incentives to the country’s main investment legal framework.

Syria ranked 108 out of 121 countries in the world in the Enabling Trade Index (ETI), produced by the World Economic Forum.

Syrian exports to Turkey fell sharply in the first half of this year, according to Turkish statistics.
Trade of goods between Lebanon and Syria reached USD 495 million in 2008, an annual increase of 19 percent, according to the Syrian-Lebanese Higher Council.

A report by the official news agency, SANA, on the visit by Syrian President Bashar Al-Assad to Azerbaijan on July 08, 2009.


SIVECO, one of Syria’s two car assembly companies, commissioned on July 3 a new production line at its plant based in the Industrial City of Hessia, some 50km south of Homs.

The Syrian government has set minimum prices on a large list of imported manufactured products in a move aimed at protecting local industry.

SIAMCO has expanded its car plant located in Adra, outside Damascus, to allow it to paint and assemble the body of its cars.


Syrian Turkish trade has more than doubled since the establishment of a bilateral free trade agreement two years ago to reach USD 1.75 billion in 2008, according to Turkish trade statistics.

Syrian policies to develop the business environment for its entrepreneurs still lag behind most Mediterranean countries, according to a report by European aid institutions.

Syria and the European Union initialed on December 14 an association agreement between them.

The European Union and Syria have announced that they will initial the association agreement between them on December 14.
Syria’s GDP growth should continue at moderate to high levels in the coming years, its fiscal and current account deficits be contained at around 3 and 4 percent respectively and its CPI fall back to single digits, according to preliminary findin...
The Syrian President has issued a decree that is expected to protect local industry from unfair imports competition and increase revenues for the Treasury.

Nasri Al-Khouri, head of the Syrian-Lebanese Higher Council, talks on the economic and trade relationship between Lebanon and Syria.

Over a year after they were first allowed to operate in the market, money exchange firms remain frustrated by the lack of regulatory progress.

The English transcript of the Syrian President Bashar Al-Assad Kuwait visit press statements on June 04, 2008.

Syria will start imposing a Valued Added Tax with a rate of 10 percent starting 2009, according to Mohammad Hussein, Minister of Finance.
The Ministry of Economy and Foreign Trade has announced that it had completed the liberalization of the country’s import trade.
The total value of the cars imported in Syria in 2007 stood at SYP 29.9 billion according to Mohammad Hussein, Minister of Finance.

The new date for the beginning of the implementation of the Value Added Tax in Syria is 2009, according to Mohammad Hussein, Minister of Finance.


According to a report by FOX news, three US state agencies are reviewing a decision to grant an export licence to Cisco Systems to ship to Syria routers, switches and other high-tech equipment.


Two prominent Syrian businessmen are facing judicial action for alleged misconduct, according to local dailies.

Syria ranked 135 out of 150 countries in the world in the Logistics Performance Index released by the World Bank.
The Government has approved the draft text establishing an export promotion body, "The National Commission for Developing and Promoting Exports".
A new Law, passed on October 1st, should have a significant long-term impact on Syrian business practices and provide a much clearer view of the status of Syria’s real economy.

Wheat production and export will be falling this year because of a shortage of rain during the growing season, according to a report from the Foreign Agricultural Service of the US Department of Agriculture.



Tartous International Container Terminal (TICT) has announced that it was about to start operations after having finalized all necessary legal requirements.

The General Organization for Free Zones (GOFZ) has given a preliminary approval to a group of investors to set up three dry ports in the north, south and eastern parts of the country at a total investment cost of USD 25 million, according to Ahmed Abdu...

The English transcript of the speech of Syrian President Bashar Al-Assad on the Re-election on July 17, 2007.

The Central Bureau of Statistics is working hard to improve the quality and reliability of its data, Ibrahim al-Ali, head of CBS said.
The Syrian Canadian Businessmen Association (SCBA), a non-profit entity, will be officially launched on April 18