Turkey (834)


Deteriorating political relations between Syria and Turkey are having an increasingly negative impact on Turkish companies doing business in Syria.


The Ministry of Economy has banned all imports of wooden furniture that contain less than 70 percent of beech wood in a bid to help local manufacturers.


The English transcript of the interview of Syrian President Bashar Al-Assad with Syrian Arab TV in 2011.


Import, export and distribution of all kinds of food and beverages (soft drinks, juices, mineral water)


Turkey is imposing a 30 percent customs tariff on all Syrian goods entering its territory in retaliation over a similar measure announced this week by Syria.


The English transcript of the interview of Syrian President Bashar Al-Assad with ABC News on December 07, 2011.


The international community has continued to raise the heat on the Syrian Government through new economic sanctions with Turkey joining in and the EU announcing new significant measures.


The Central Bank lowered on Sunday by some 6 percent the value of the Syrian Pound to the US dollar and to the Euro in a bid to contain the decline of the national currency in the black market. 


General trading


Russia’s Stroytransgaz has announced that it had signed an extension and amendment agreement on the North and South Middle Area Gas Development project.


Interview with The Sunday Times on November 20, 2011. 


Turkey’s Ministry of Economy has established a Syria Desk to help Turkish traders and manufacturers cope with the turmoil in their southern neighbour.


Syria’s state-owned water bottling company has reported profits of SYP 254 million in the first three quarters of this year as it plans to capitalize on its monopoly status to expand capacity.


Syria had a positive electricity trade balance in the first nine months of this year, according to the Minister of Electricity.


This document is the text of a protocol signed between Syria and Turkey as part of their Free Trage Agreement that lists agricultural pdocuts on which a specific deal has been reached between the two countries. Around two dozen products from each country are included. A 4-page document. translation by the Turkish Government.


On Saturday, The Syria Report celebrated its 10th anniversary at a time when Syria is going through the most challenging and yet most promising period of its modern history.


Promote the activities of the mother company that produces and trades edible oil seeds and markets food products


Only a few days after it imposed a wide scale ban on imports, the Syrian government reversed its decision, confirming that it had no clear economic strategy without dispelling fears on the state of the country’s foreign currency reserves.


Syria is considering joining a customs union with Russia, according to AbdulFattah Ammoura, the country’s deputy Foreign Minister.


The Syrian opposition appears to have finally got its act together, some six months after the beginning of the country's popular uprising, announcing yesterday the formation of a broad-based national council.


Following growing outcry from Syria’s business community, the Syrian government has decided to expand the list of products exempted from the import ban announced on September 23.


Power and energy projects


Syria has banned the import of all products with customs tariffs of more than 5 percent, a move that signals growing nervousness over the country's foreign currency reserves and also dents into the profits of many prominent businessmen that have built their wealth on import trade.


General trading; contracting and construction works; trade of laboratories equipment and furniture


Syria has established a new state entity in charge of power transmission, the Public Establishment for Electricity Transmission, or PEET, as the country increasingly seeks to diversify its sources of energy.


Turkey’s Coca Cola Icecek has raised its stake in Syrian Soft Drink Sales and Distribution LLC, the company distributing Coca-Cola products in Syria, to 90 percent following a capital restructuring.


In response to the Syrian government's ongoing use of force against the country's civilian population, the European Union officially implemented an oil embargo against Syrian crude on Saturday - dealing a serious blow to the Syrian economy. The last three days also saw a troubling rise in violence with over 45 people killed amid security crackdowns across the country.


Last week, the United States imposed new economic sanctions on Syria and a ban on all US imports of Syrian crude oil, measures that are gradually increasing the heat on the country’s economy.


In an interview on Syrian TV yesterday, the Syrian President confirmed that the Constitution would be revised and that parliamentary elections will be held next February, yet he maintained a defiant tone towards foreign pressures and offered little in the way of political reforms.


Below, is Syrian Arab News Agency's transcript of the August 21, 2011 interview on Syrian TV with President Bashar al-Assad.


The Syrian President has set his seal on a preferential trade agreement linking Syria with Iran that will see customs tariffs between the two countries gradually lowered in the next five years.


A new round of sanctions announced last week on Syrian corporations and individuals, as well as hints that western countries may move against Syria’s oil industry, raise questions as to the impact these measures may have on the economy and the manner in which the regime is handling the country's popular revolt.


Over the course of the last eight days, the international community has grown markedly united in its condemnation of the Syrian government's use of force to quell the country's deepening revolutionary movement.


Trading and contracting


The first week of Ramadan proved to be a violent one, as over the course of the last seven days, more than 250 civilians were reportedly killed in military crackdowns across the country.


The Ministry of Local Administration has announced that it is scrapping penalties levied on investors in the country’s industrial cities.


On Monday July 25, Syria, Iraq and Iran are to sign a final agreement for the construction of a gas pipeline linking Iranian gas fields with Syria and potentially Europe.


General trading; tourism investment; contracting and construction works; import and manufacturing of light cells and electricity generation through sun light ; set-up electricity generation plants for both public and private sectors; marketing all kinds of consumables (electronic and home appliances, furniture, food); trade all kinds of garments, fabrics and yarns 


The inconclusive finish of the staging meetings of the government-led national dialogue, followed by attacks against the US and French embassies in Damascus on July 11, kicked off another tumultuous week in Syria.


Hundreds of thousands of protestors again took to the streets of Hama on Friday July 8, with some suggesting that the city's demonstrators numbered nearly half a million.


Contracting and various trading; trade of cars, trucks and heavy and agricultural tools; development of shopping malls and tourism resorts; valet parking services; equip and build hospitals; equip factories specialized in building materials and prefabricated buildings; trade in renewable energy materials


On June 20, President Bashar al-Assad made an address to the nation that highlighted the severity of the country's economic crisis and blamed recent unrest on conspirators.


The Samha Group and the Benetton Group have announced that the production and distribution agreement linking them would not be renewed.


Import all kinds of machines and parts; import food, agricultural, textile products, furniture


The English transcript of the speech of Syrian President Bashar Al-Assad at Damascus University on June 20, 2011. 


Aksa Electric, a Turkish trader of electricity, said that it had begun the sale of electricity to Syria.


Today in his third speech since the beginning of the unrest in the country, Syrian President Bashar Al-Assad failed to announce any significant political decisions – contrary to expectations raised in the preceding days  – although he admitted to the legitimate demands of some of the protesters as well as to the risk of the collapse of the Syrian economy.


After-prayers protests on Friday June 17 resulted in the deaths of an estimated 24 as pressure on the Syrian government from the US and the European Union continues to increase.


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