Captagon News
19-09-2023
On September 14, police authorities in Dubai seized a shipment containing 86 million captagon tablets with an estimated street value of USD 1 billion.
12-09-2023
Amid limited progress in the normalisation with Damascus, two recent meetings between Yemeni and Syrian officials seem to signal Yemen’s bid to bolster a rapprochement process stalled since Damascus’ return to the Arab League in May.
29-08-2023
On the occasion of recent protests in Suweida, the following is a background on Suweida, its demographics, geography, and the state of government and private investments in the governorate.
25-07-2023
Iraq’s Prime Minister Mohammed Shia Al-Sudani recently met President Bashar Al-Assad in Damascus, marking the first time a high-ranking Iraqi official has visited Syria since 2011.
18-07-2023
For the first time in over a decade, a Syrian governmental and business delegation visited Oman last week to enhance political and economic ties and promote business opportunities between the two countries.
04-07-2023
The Biden administration recently published a written strategy outlining aspects of its interagency plan to intercept and dismantle “illicit captagon networks linked to the Assad regime.” The plan also includes proposals to collaborate with affected countries, such as Jordan, Lebanon, and Saudi Arabia, which has become the biggest market for the narcotic, according to recent investigations and reports.
23-05-2023
While Damascus’ rapprochement with the Arab World is accelerating, the United States and members of the European Union, among which France features prominently, still claim that their policy on Syria is unchanged. However, a growing number of French analysts have reported that powerful economic lobbies are pushing the French presidential palace to restore ties with the regime in the hope that France will reap economic benefits. The recent visit by a board member of the Damascus Chamber of Commerce to Paris only lends credence to these claims.
16-05-2023
On May 11, a bipartisan group of lawmakers in the United States House of Representatives introduced the Assad Anti-Normalisation Act, sending a clear message of disapproval to Arab countries that have re-engaged the Syrian regime.
09-05-2023
Although Jordan is at the forefront of rapprochement efforts with the regime, its air force allegedly launched two airstrikes over southern Syrian territory, killing an infamous drug lord and destroying a drug factory. The strikes came less than a week after Damascus agreed to tackle drug trafficking on its border with Jordan and Iraq and days after Amman seized its largest captagon shipment of the year.
25-04-2023
The E.U. Council recently blacklisted 33 regime-affiliated individuals and entities, including regime financiers, narcotics dealers, and an NGO allegedly run by Asma Al-Assad.
04-04-2023
Recent weeks have seen an acceleration in the restoration of political and diplomatic ties between Syria and the Arab world. These moves have included visits of Bashar Al-Assad to the UAE and Oman the following day, a visit to Cairo by Syrian FM Faysal Meqdad, and reports that Saudi Arabia and Syria would soon reopen their consulates in their respective capitals.
28-03-2023
The U.S. and the U.K. together added to their sanctions programmes 11 Syrian individuals involved in drug production and trafficking. The Caesar Act was used for the first time in years.
28-02-2023
While the February 06 earthquake has increased diplomatic activities between Syria and the Arab world, Damascus will likely remain relatively isolated. Sanctions will also largely remain in place for the foreseeable future.
17-01-2023
Iran may be putting harsher conditions on its supplies of crude oil to Syria. A recent report has suggested that Tehran has doubled the price at which it sells its oil and that it is now requiring Damascus to pay in cash; these two measures would have a significant fiscal impact on the Syrian government. The reasons behind this policy move are unclear.
12-01-2023
On December 23, U.S. President Joe Biden signed the 2023 National Defence Authorisation Act into law which includes a proposal for an interagency strategy to combat the Syrian regime’s production and trafficking of captagon and other narcotics. The Act, which was included in the USD 858 billion defence spending bill, requires several federal agencies to provide U.S. Congress with a strategy to dismantle the narcotics industry in Syria.
12-01-2023
The Iraqi government implemented a decision to allow Syrian trucks to enter the country for the first time since the COVID-19 pandemic three years ago.
15-11-2022
Recent months have confirmed the increased influence of Bashar Al-Assad and Asma Al-Assad over the country’s economy. Almost every other week, new information emerges indicating that businesspeople known for acting as fronts for the Syrian president and his wife have acquired stakes in a company or business project. With unrivalled economic power in their hands, this represents a major turn in how wealth is shared and distributed among Syria’s rulers.
18-10-2022
Syria and Jordan recently organised the Jordanian-Syrian Economic Forum in Damascus to strengthen trade relations between the two countries and attract more Jordanian companies to the Syrian market.
07-06-2022
Although the Jordan government has implicated Iran-backed militias, as well as Syrian military groups, in rising cross-border drug trafficking to Jordan, bilateral trade between Jordan and Syria has increased.
10-05-2022
A recent 55-page report provides a comprehensive overview of the captagon drug trade in Syria, its evolution since the early 2000s, methods of production, implicated state and non-state actors, and market trends.