China (500)


One of Syria’s two Iranian-owned car assembly plants has announced that it was resuming its operations.


Chinese investors, among others, have recently been visiting the site of the Marota City project, which is struggling to attract investors and funding.


The value of the import licenses granted to Syrian traders by the Ministry of Economy declined in the first three quarters of this year, official data indicate.


A Syrian court has reportedly discharged a freezing order on the assets of a prominent Syrian investor.


Syrian official media recently reported the delivery of hundreds of electric generators offered by the Chinese government to Damascus.


In this 2,200-word factsheet we provide a profile of the Syrian cement sector.


The main highlights of the 60th edition of the Damascus International Trade Fair, which was held last month, included a relatively large Russian presence, a very limited one by Chinese companies and the absence of announcements of major business deals.


China’s Huawei is considering withdrawing from Syria, posing a serious challenge to the country’s telecommunications sector, and highlighting the unwillingness of Chinese companies to take the Syria risk.


Syrian state entities have signed contracts worth several dozens of millions of dollars to buy heavy machinery from China and Russia.


Syria’s foreign trade deficit increased again in 2017, initial data indicate.


The Syrian government has signed a contract to import 1,000 transit buses from China in the next year, a contract worth dozens of millions of dollars.


The Syrian government has extended for six more months the exemption on custom duties granted to imports from Iran.


The U.S. has blacklisted a number of Syrian and other individuals and entities over the regime’s chemicals production programme.


In this 2,600-word factsheet we look at China’s economic interests in Syria.


The two tables below list the number of foreigners by nationality who entered Syria in the period 2010-2016.


Export-import; building materials trading; contracting


Iran exports to Syria, including radars, continued to increase last year, positioning it as the country’s third largest supplier.


According to a local media, a Spanish company is considering supplying a photovoltaic power station in Syria, a very rare example of western interest in the Syrian economy.


The text of the interview of Bashar Al-Assad by Russian NTV Channel in Damascus on Sunday June 24, 2018.


Export-import; contracting


The text of the interview of Bashar Al-Assad by Kathimerini, a Greek daily, in Damascus on May 10, 2018.


A British petroleum company has confirmed that oil continues to be extracted from its fields in northern Syria despite western sanctions.


The imposition of new duty fees has disrupted Syria’s car assembly sector, which despite being very small had even started assembling Toyota cars.


A Lebanese media close to the Syrian regime has provided an estimate for the oil production in the Kurdish-controlled part of the country.


Filings from some companies have confirmed the improvement in the Syrian business environment in 2017 after years of steep decline.


Chinese companies are increasingly enquiring about business opportunities in Syria, although no funding for reconstruction is expected to come from Beijing.


A Russian official has expressed what is the bluntest statement to date on Russia’s ambition to get hold of as much of Syria’s energy and other economic resources as possible.


The combined number of cars assembled by Syria’s five car assembly plants reached a mere 499 cars in the first 11 months of the year, a reflection of the dismal situation of the market and of the purchasing power of the population.


A selection of reports, papers and articles on Syria.


The Syrian Minister of Economy has implicitly acknowledged that his government will receive no major funding for the reconstruction effort.