Subjects – Syria Report

Crimea

News

05-07-2022
Kiev has announced that it will cut political and economic ties with Damascus after the latter recognised Luhansk (also spelt Lugansk) and Donetsk, two Russian-backed breakaway republics in eastern Ukraine. Kiev’s decision, which includes a trade embargo, will further deteriorate relations between the two countries and impact Syria’s trade-related foreign currency inflows. 
28-06-2022
Moscow and Damascus are seeking to boost trade relations between Syria and the city of Sevastopol, the largest city in the Crimean peninsula. A memo issued by the Russian embassy lists prominent Sevastopol-based companies, including a supplier of military equipment that is under U.S. sanctions.
01-03-2022
Following the harsh US, EU, and non-EU sanctions on Russia, Damascus appears to be bracing itself for what may be the most severe shortages in food and oil commodities the country has witnessed in decades. On February 24, the first day of Russia’s invasion of Ukraine, the Syrian cabinet held an emergency session to draft a plan to mitigate the conflict’s potential consequences on Syria, namely increases in the prices of wheat, oil, and international shipping rates, and supply chain disruptions.
15-02-2022
Although international negotiations remain ongoing in hopes of avoiding a Russian-Ukrainian confrontation, Syria may not be spared of the potential consequences of a larger conflict, including the disruption of trade in the Black Sea basin, halting or reducing Syria’s trade with both Ukraine and Russia and leading to a global rise in food and oil prices that would also impact the Syrian economy. The overall fallout on the Syrian economy should be relatively limited though.

Library

21-06-2022
Stroytransgaz, a Russian engineering and construction company, has become a major player in Syria’s economy over the past few years, expanding its pre-conflict activities and reaching into new sectors. It has won major contracts in the fields of phosphates, port management, and fertilisers, at times at the expense of Iranian competitors, and has grown into a major symbol of Russia’s growing economic and political sway in Syria.
14-06-2022
In this 2,600-word report, The Syria Report provides an overview of the recent history and status of Syria's three commercial maritime ports in Lattakia, Tartous, and Banias.
05-04-2022
In 2021, trade between Syria and Ukraine reached USD 24.2 million, a 68 percent increase compared with 2020 (USD 14.4 million). Syria’s exports stood at USD 20.75 million, while its imports stood at USD 3.43 million, making Ukraine one of Syria’s most profitable trade partners.
22-03-2022
This report is the second part of a two-part publication that will provide an overview of Syria’s relations with former Soviet Republics, namely Syria’s ties with the Caucasus (Armenia, Azerbaijan, Georgia) and Central Asian countries (Kyrgyzstan, Turkmenistan, Uzbekistan, Kazakhstan, Tajikistan).
08-03-2022
This report is the first part of a two-part publication that will provide an overview of Syria’s relations with former Soviet Republics. This first part will address Syria’s ties with the Baltic states (Estonia, Latvia, Lithuania) and Eastern Europe (Belarus, Ukraine, Moldova), while the second will focus on Syria's ties with the Caucasus (Armenia, Azerbaijan, Georgia) and Central Asian countries (Kyrgyzstan, Turkmenistan, Uzbekistan, Kazakhstan, Tajikistan).