The two tables below list the Russian companies involved in Syria since the beginning of the Russian military intervention in the country in September 2015.
Prior to the uprising, China was a major trade partner of Syria and had investments in the country, especially in its petroleum sector. Although trade increased following the 2011 conflict, Chinese companies largely withdrew from the market. Meanwhile, the Chinese government played a quiet but supportive role for Syrian authorities
The rise of Rami Makhlouf as Syria’s most prominent businessman coincided with the ascent to power of Bashar Al-Assad in 2000. Given his long history of influence within the ruling elite, Mr Makhlouf’s recent side-lining raises many questions about the potential implications of his fall from grace.
This article is an updated and expanded factsheet on the economic and business relations between Syria and Russia as of April 2020.