
Drought-hit Syrian farmers could get help as sanctions lifted
ALEPPO -Severe drought in Syria this year could lead to the failure of an estimated 75% of local wheat crops, according to the United Nations' Food and Agriculture Organisation, threatening the food security of millions of people.
To help combat the situation, the government is taking measures, including limiting the cultivation of crops that need too much water, the agriculture ministry told Reuters on Tuesday.
It also said the lifting of sanctions, announced last week, could help by allowing fertilisers and irrigation technology to be imported.
Toni Ettel, the FAO's representative in Syria, told Reuters the agency anticipated a "food shortage of 2.7 million tons of wheat for this year, which is sufficient to feed 16.3 million people over one year".
Under former President Bashar al-Assad, Damascus depended on wheat imports from Russia to support a bread subsidy programme during past droughts.
Wheat farmers Asaad Ezzeldin, 45, is among those whose crops have failed as drought added to the strain on an agricultural sector sapped by fighting and bombardment during 13 years of civil war.
"Agriculture in Aleppo's northern countryside has been hit because of the lack of irrigation. There is no rainfall," he said.
Moscow, a staunch ally of Assad, suspended wheat supplies to Syria soon after Islamist rebels toppled him, citing uncertainties about the country's new authorities.
In a surprise announcement last week, U.S. President Donald Trump said he would order the lifting of all sanctions on Syria.
The resulting flow of funds could revive the agriculture sector by providing technologies for irrigation and for infrastructure renewal, Ettel said.
The agriculture ministry also said opening up the economy would also allow investments and solutions to counter the effects of droughts.
"Lifting sanctions does not solve the drought crisis in itself, but it provides the means and capabilities that enable the government and farmers to respond efficiently to it, via modernising irrigation systems, improving productivity, and strengthening food security," the ministry told Reuters.
Unable to buy wheat and fuel, Syria's new government had lobbied for a lifting of the sanctions that for years isolated the Syrian economy and made it dependent on Russia and Iran.
EU foreign ministers on Tuesday also agreed to lift economic sanctions on Syria, in a policy shift after Trump's announcement. The Syrian authorities said the decision would open avenues for engagement.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mint
23 minutes ago
- Mint
Indian shares set to open higher on trade optimism, RBI policy support
June 10 (Reuters) - India's benchmark indexes are poised to open higher on Tuesday, buoyed by optimism around U.S.-China trade talks and domestic policy support. The Gift Nifty futures were trading at 25,247 as of 7:59 a.m. IST, indicating that the Nifty 50 will open above Monday's close of 25,103.20. The benchmark has risen 2.3% in four sessions and logged its highest close for 2025 on Monday. "Markets are continuing their upward momentum, buoyed by supportive domestic monetary policy and favourable global cues," Bajaj Broking Research analysts said in a note. Other Asian markets opened higher, with the MSCI Asia ex-Japan index gaining 0.5%. Wall Street equities closed mostly higher overnight and the U.S. dollar retreated as U.S.-China talks began in London, aimed at mending a trade dispute that has rattled financial markets for much of the year. U.S. President Donald Trump said he was getting good reports on progress in trade negotiations. Expectations of cooling global trade tensions and bumper monetary policy support from the Reserve Bank of India have aided a rally, two analysts said. This was reflected in the market as both foreign portfolio investors (FPI) and domestic institutional investors (DII) remained net buyers of Indian shares on Monday, with net inflows of 19.93 billion rupees ($232.7 million) and 35.04 billion rupees, respectively. ** ITD Cementation secures a new contract worth 8.93 billion rupees ** Jana Small Finance Bank submits application at the Reserve Bank of India seeking approval for transition to universal bank from small finance bank ** Zee Entertainment enters into a strategic partnership with Content Start-up Bullet to launch India's first micro-drama application ($1 = 85.6460 Indian rupees) (Reporting by Bharath Rajeswaran in Bengaluru; Editing by Sonia Cheema)


India Today
25 minutes ago
- India Today
US-China trade talks resume in London amid rare earth supply concerns
LONDON, June 10 (Reuters) - Top US and Chinese officials will resume trade talks for a second day in London on Tuesday, hoping to secure a breakthrough over export controls for goods such as rare earths that have threatened a global supply chain shock and slower economic are hoping that the two superpowers can improve ties after the relief sparked by a preliminary trade deal agreed in Geneva last month gave way to fresh doubts after Washington accused Beijing of blocking exports that are critical to sectors including autos, aerospace, semiconductors and talks come at a crucial time for both economies, with customs data showing that China's exports to the U.S. plunged 34.5% in May, the sharpest drop since February 2020, when the outbreak of the COVID-19 pandemic upended global trade. While the impact on US inflation and the jobs market has so far been muted, the dollar remains under pressure from U.S. two sides met at the ornate Lancaster House in the British capital on Monday to discuss disagreements around the Geneva deal, and are due to resume talks early on Tuesday before both sides are expected to issue U.S. side is led by US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer, while the Chinese contingent is helmed by Vice Premier He inclusion of Lutnick, whose agency oversees export controls for the US, is one indication of how central rare earths have become. China holds a near-monopoly on rare earth magnets, a crucial component in electric vehicle did not attend the Geneva talks at which the countries struck a 90-day deal to roll back some of the triple-digit tariffs they had placed on each often erratic policymaking on tariffs has roiled global markets, sparked congestion and confusion in major ports, and cost companies tens of billions of dollars in lost sales and higher second round of meetings between the two sides comes four days after Trump and Xi spoke by phone, their first direct interaction since Trump's January 20 the call Trump said Xi had agreed to resume shipments to the US of rare earths minerals and magnets, and Reuters reported that China has granted temporary export licenses to rare-earth suppliers of the top three US tensions remain high over the export controls, after factories around the world started to fret that they would not have enough of the materials they need to keep InTrending Reel


Mint
26 minutes ago
- Mint
Gold prices today in your city: Check prices in Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi and Kolkata on June 10
Gold, silver prices in your city, June 10: Hopes for a trade deal between the US and China have lowered gold from recent highs. This comes as Reuters reported that three of Donald Trump's aides met with Chinese counterparts to discuss ways to resolve the dispute. Overall, experts feel that commodities (gold and silver) have emerged as the safe haven investment in these volatile markets, but caution must be maintained. In terms of returns, over the past year along, gold cost has jumped 30 per cent, returned 15 per cent CAGR since 2001; and since 1995, has beaten inflation by over 2-4 per cent, data shows. Silver meanwhile, has been shining amid markets volatility. It jumped nearly 1.43 per cent or ₹ 1,506 on June 9 and has been above the ₹ 1 lakh/kg mark for the past week. The MCX gold index was at ₹ 97,170/10 gm at 7 am on June 10, the official website showed. Meanwhile, MCX silver prices were at ₹ 1,07,105/kg, it showed. Further, 24-carat gold was priced at ₹ 97,150/10 gm, according to data on the Indian Bullion Association (IBA) at 7 am on June 10. Further, 22-carat gold was priced at ₹ 89,054/10 gms. And, silver prices today are at ₹ 1,05,900/kg (Silver 999 Fine), as per the IBA website. So, check here for prices of gold and silver in your city today on June 10 — Delhi, Kolkata, Mumbai, Hyderabad, Bengaluru, and Chennai. Notably, for retail customers, jewellers may add making charges, taxes and GST to the bill, which could hike the final price for you. Gold bullion rates in Mumbai — ₹ 96,970/10 gm. MCX Gold rate in Mumbai — ₹ 97,051/10 gm. Silver bullion rate in Mumbai — ₹ 1,05,710/kg. MCX Silver 999 rate in Mumbai — ₹ 1,05,525/kg. Gold bullion rates in New Delhi — ₹ 96,800/10 gm. MCX Gold rate in New Delhi — ₹ 97,051/10 gm. Silver bullion rate in New Delhi — ₹ 1,05,520/kg. MCX Silver 999 rate in New Delhi — ₹ 1,05,525/kg. Gold bullion rates in Kolkata — ₹ 96,850/10 gm. MCX Gold rate in Kolkata — ₹ 97,051/10 gm. Silver bullion rate in Kolkata — ₹ 1,05,570/kg. MCX Silver 999 rate in Kolkata — ₹ 1,05,525/kg. Gold bullion rates in Hyderabad — ₹ 97,130/10 gm. MCX Gold rate in Hyderabad — ₹ 97,051/10 gm. Silver bullion rate in Hyderabad — ₹ 1,05,880/kg. MCX Silver 999 rate in Hyderabad — ₹ 1,05,525/kg. Gold bullion rates in Chennai — ₹ 97,260/10 gm. MCX Gold rate in Chennai — ₹ 97,051/10 gm. Silver bullion rate in Chennai — ₹ 1,06,020/kg. MCX Silver 999 rate in Chennai — ₹ 1,05,525/kg. Gold bullion rates in Bengaluru — ₹ 97,050/10 gm. Gold rate in Bengaluru — ₹ 97,051/10 gm. Silver bullion rate in Bengaluru — ₹ 1,05,800/kg. MCX Silver 999 rate in Bengaluru — ₹ 1,05,525/kg. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.