Iran (814)


The concluding statement of the April 4 meeting between Vladimir Putin, Hassan Rouhani and Recep Tayyip Erdogan in Ankara, Turkey:


Export-import of food products


The imposition of new duty fees has disrupted Syria’s car assembly sector, which despite being very small had even started assembling Toyota cars.


Syria’s power generation utility wants to raise some USD 147 million to fund several renewable electricity generation projects.


Additional details have surfaced on the agreement signed last year between the Syrian government and Russia’s Stroytransgaz to develop phosphate mines near Palmyra.


The list below includes the names of all the individuals that have been blacklisted by the European Union since the beginning of the Syrian uprising in March 2011.


Syria has established a EUR 80 million joint venture with unidentified private sector investors to develop asphalt deposits near Deir-ez-Zor.


Filings from some companies have confirmed the improvement in the Syrian business environment in 2017 after years of steep decline.


At a business forum held in Moscow last week, many obstacles still seemed to stand in the way of the improvement in the economic and business ties between Syria and Russia.


Iran is furthering its reach in Syria’s education sector while the Syrian government seems unable to meet its promises to invest in that sector.


Export-import building materials, electronic equipment

2,000 Miscellaneous refrigerators
2,500 Miscellaneous Washing Machines
500 Ovens
500 Watercoolers

Syria has issued a tender for the import of new volumes of soft milling wheat.


Syria has signed a “roadmap agreement” with Russia to build some 2,650 MW of new power plants and turbines, despite the fact that there is no money to pay for these projects, which are worth more than EUR 2 billion.


Chinese companies are increasingly enquiring about business opportunities in Syria, although no funding for reconstruction is expected to come from Beijing.


Syria’s oil and gas production increased noticeably this year, but output still remains very low and is unlikely to increase by much in the near future.


The Ministry of Domestic Trade wants to lower the cost of producing bread by reducing the volume of yeast in it.


Syria’s two main airlines have announced an increase in the size of their operating fleets as they repair old planes and lease others from the market.


Iranian media are reporting increasing concerns that their companies will be squeezed out from the Syrian market by Russia, which is itself pressing for Damascus to repay its debts.


As they seek to gain influence and access to Syrian resources, Iran and Russia are also expanding ties with Damascus in the education sector.


Data from several business sectors are confirming that Syria’s economy likely grew last year.


Recent statements by American officials but also reports from Raqqa suggest that the United States is considering getting involved in some form of reconstruction in Syria’s northeastern region.


Syria’s foreign trade value, composed overwhelmingly of imports, increased by some 18 percent in the first ten months of 2017, according to official reports.