The Interim Government of the Syrian opposition has taken over the control of a border crossing between Turkey and northern Syria, which will enable it to have its first relatively significant source of independent revenues.
The Ministry of Domestic Trade has decreased the price of several food items as the improvement in the value of the pound helps reduce import costs.
Last week, the Government’s reconstruction committee met to discuss for the first time the devising of a broad reconstruction strategy although questions over finance and strategy remain unanswered.
The Ministry of Domestic Trade has raised the minimum capital requirements for establishing companies in Syria.
Syria’s 2018 budget is forecast to grow by some 13 percent to three trillion pounds, according to information released by the government.
The European Union said that it will organise next spring a new conference to provide financing for Syrian refugees and displaced.
The takeover of a large gas field near Deir-ez-Zor by Kurdish-affiliated Syrian opposition groups last week draws many economic and political implications for a range of local, regional and international actors including the Syrian regime, Iran, the U.S. but also Russian private contractors.
The Syrian government has approved a plan to restore its authority and activities in the city of Deir-ez-Zor following the success of its troops in lifting the siege on the city earlier this month, while looting by regime militias spreads to the countryside.
During the first half of 2017, Syrians remained the most numerous foreign investors in Turkey.
Syria’s foreign trade declined by around a fifth last year, suggesting a further contraction in spending and investment, initial data show.
The Syrian government has ordered the irrevocable seizure of all the assets Lebanese Prime Minister Saad Hariri may have in Syria.
The expected reopening of the Syrian-Jordanian border crossing will bring significant benefits to the Syrian economy.
Despite promises by the Syrian authorities that the number of checkpoints on the country’s roads would be reduced, some new ones are being established, leading to an increase in costs for producers and consumers alike.
Syria’s inflation was 50 percent in October, the last month for which data is available, a very high rate but still a decrease relative to previous months.
The participation of Iranian and Russian companies to the Damascus International Trade Fair has given the opportunity for these two countries to push further their economic and business interests.


Bank Credit Guarantees
Damascus Chamber of Commerce
Shaam Expo
Damascus International Fairground