Subjects – Syria Report



President Bashar Al-Assad’s handshake with Chinese leader Xi Jinping on September 22 marks a significant step in Syria’s reintegration into the global diplomatic sphere. Despite much fanfare, however, it is unlikely that promises by China's foreign minister Wang Yi’s “to take ties to a new level” will materialise into investments in Syria’s cash-strapped economy, given the recent decrease in China’s footprint in the country and Syria’s distressed business environment.
Amid rising food insecurity levels and wheat shortages, the Syrian government has recently contracted with Russian suppliers for the import of 1.4 million tonnes of soft wheat, which is used to produce bread. The wheat harvest across the country has improved this year but still falls short of the local demand.


This profile provides an account of Syria's six state-owned banks, covering their operations over the past two decades and the sector's losses and recovery efforts since the start of the 2011 conflict.


Trading men's, women's and children's clothes, cotton, towels, linens, and all kinds of textiles.
ِAl-Samah produces and distributes socks and clothing; Export yarns, dyes, fabrics, textile, and knitting machinery; Import women's, men's, boys', lingerie, ready-to-wear, cotton, underwear, men's, women's, and boys' socks, and threads; Manufacture knitwear and underwear (men, women and children).