Customs (298)

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
Hyundai was the most sold car in Syria last year according to a research conducted by Al-Iqtisad Wa Al-Nakl
An analysis of the latest trademark and intellectual property law in Syria by Kanaan Al-Ahmar.

Syria's first car assembly plant opened on March 8, in the presence of President Bashar al-Assad and Iranian Vice-President Parviz Davoudi.


The Ghreiwati Group has been selected to become the new agent for Jaguar cars, according to sources at Ghreiwati

The number of deaths from road accidents in Syria grew 25 percent last year and 66 percent over the last two years

Two Presidential decrees have enacted Syria’s new investment bill and created a new investment authority.


A visit to Syria by representatives from members of the Green Group in the European Parliament symbolizes a renewed interest in the signing of the Association Agreement.

Syria is the world fourth largest producer of pistachio thanks to a steady growth in planted trees and production
Transtour, an important local tourism and transport operator, is being dissolved.
Text of decree N°51.
The budget’s current expenditure is expected to see another significant rise next year according to Mohammad al-Hussein, the Minister of Finance.

Syria’s wheat production remained strong at 4.7 million tonnes according to the latest annual Grain and feed report of the Foreign Service of the US Department of Agriculture (FAS-USDA).

The Investment Bureau licensed a total of 558 investment projects last year according to its 2005 annual report.

The import tariffs on inputs for the chemical and metal industries have been reduced to 1 percent following a Presidential decree in that sense.


The Syrian Government has sharply raised the prices of cement and petrol to bring them more in line with world market prices, reduce the cost of subsidies and limit the size of the black market.

Tax collection in Syria is improving following a series of laws and decisions issued by the Syrian government in the last two years.
The Syrian Government is finalizing the country’s first Competition and Anti-Trust Law. To learn more on the content and background of the text, The Syria Report talks to Kanaan Al-Ahmar, who, as a member of the special committee set-up in the Mi...
The Syrian Customs' Directorate-General is undertaking a project to modernize Syrian Customs in collaboration with the Department of State Planning and the United Nations through the UN Development Program (UNDP) and the UN Conference on Trade and Deve...