Latest news with #EconomicDelegation
Asharq Al-Awsat
6 days ago
- Business
- Asharq Al-Awsat
Syrian Finance Minister to Asharq Al-Awsat: Syrian-Saudi Investment Forum Will Be Held Soon
Syrian ministers praised on Monday the ongoing support Saudi Arabia is providing to the 'new Syria.' Speaking to Asharq Al-Awsat on the sidelines of the reopening of the Damascus Securities Exchange, Finance Minister Mohammed Yisr Barnieh stressed: 'We appreciate Saudi Arabia's support.' 'Our brothers in Saudi Arabia have backed us in full at the international level and in returning Syria to international financial institutions,' he added, while hailing it for supporting lifting sanctions off the country. He highlighted Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah's visit to Syria last week at the head of a large economic delegation. Saudi investments are on their way to Syria, Barnieh remarked, revealing that a Saudi-Syrian investment forum will be held on June 18 and 19. Major Saudi companies will take part in the forum to explore promising investment opportunities in various fields, added the minister. Syrian Economy and Industry Minister Mohammed Nidal al-Shaar echoed the praise for Saudi Arabia, saying it was 'natural, inevitable and destined.' He expressed his joy 'at the excitement and determination we sensed from the Saudi delegation in helping Syria along its long path of reconstruction.' Joint teams have started work on agreements reached with the Saudi delegation, he revealed, expecting tangible results to be reached within a few weeks. Prince Faisal met during his visit with interim President Ahmed al-Sharaa and Foreign Minister Asaad al-Shaibani. Trading resumed on the Damascus Securities Exchange on Monday after a six-month closure, as Syria's new leaders attempt to shore up the country's battered economy and begin rebuilding after nearly 14 years of civil war.
Zawya
15-05-2025
- Business
- Zawya
Jordanian economic delegation to make first official visit to Syria since regime downfall
AMMAN — A high-level Jordanian economic delegation representing the commercial and service sectors is set to begin an official working visit to Syria on May 26. The two-day visit aims to explore future of bilateral economic relations between private sectors from both countries, the Jordan News Agency, Petra, reported. President of the Jordan Chamber of Commerce (JCC) Khalil Hajj Tawfiq said, 'This is the first official visit of the commercial and service sector under the JCC, and [is organised] in coordination with the Foreign Ministry, the Jordanian Embassy in Damascus, and the Federation of Syrian Chambers of Commerce. 'The visit marks the largest private-sector delegation to Syria since the fall of the previous regime,' he said. The delegation will include presidents of Jordan's chambers of commerce and representatives from all commercial and service sectors. He added that the delegation will hold extensive talks with Syrian ministers of economy, trade, and services, as well as with the president and members of the Syrian Chambers of Commerce Federation and prominent figures from Syria's private sector. He indicated that the visit will include discussions on establishing a joint Jordanian-Syrian Business Council and agreeing to organise a business forum in the near future in Amman, with the aim of laying the foundation for a new phase in economic ties. The Jordanian delegation, Hajj Tawfiq said, aims to support Syria in rebuilding its economy, especially in light of the easing of sanctions and Syria's reintegration into the Arab and international arenas. 'The Jordanian private sector, in line with Jordan's official position in support of Syria, is committed to standing by the Syrian private sector and helping it fulfil its aspirations for a strong, open economy, particularly one that is connected with Jordan,' Hajj Tawfiq said. He added that the new phase of economic cooperation requires official institutions on both sides to work towards eliminating all obstacles that hinder the smooth flow of trade in both directions, praising the facilitation measures Jordan provides to Syrians at border crossings. Hajj Tawfiq also emphasised the need to establish trade and investment partnerships between companies in both countries, strengthen transit trade, promote mutual visits by economic delegations, organise joint forums and exhibitions, and exchange information on available investment opportunities. According to data from the Amman Chamber of Commerce, Jordan's exports to Syria in the first two months of 2025 reached JD35.4 million, compared to JD8.3 million in imports. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
