Trade between Syria and Russia Witnessed 30% Increase over the Past Nine Months: Russian Economic Expert

DAMASCUS, (ST)- The Russian-Syrian trade relations have witnessed notable development this year compared to last year,  Evgeny Popov, Director of the Department of Asia, Africa and Latin America countries at the Ministry of Economic Development of the Russian Federation, has stressed, pointing out that trade exchange between the two countries has increased over the past nine months by 30%; that is with an increase that exceeds $300 million, according to the Syrian News Agency SANA.

Popov was speaking during a preparatory meeting of the 11th Session of the Russian-Syrian Committee for Technical, Economic, Scientific and Technological Cooperation which was kicked off in Damascus on Wednesday.

He said that the Syrian and Russian sides are currently studying 20 documents for cooperation in the economic, industrial, transport, agricultural and heath fields, said Popov, who is the Executive Secretary of the Russian delegation participation in the Joint committee's session, stressing that the main goal of these meetings is to move forward with effective steps as to boost the Syrian economy after the war.

Economic Conference on Investment Opportunities in Syria Held in Romania

BUCHAREST- With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the Enhancement of economic steadfastness and the opportunities of private Romanian companies”  discussed Wednesday the investment opportunities in Syria, according to SANA.

The conference, which is held by an initiative from the Romanian Economic and Political Studies Institute in cooperation with the Syrian embassy in Bucharest , tackled many points which focused on the role which may be played by Romanian companies in reconstruction process in Syria.

Syrian-Russian Committee for Technical, Scientific and Technological Cooperation Holds Its 11th Session in Damascus

DAMASCUS, (ST)-The 11th Session of the Syria-Russian Joint Committee for Technical, Scientific and Technological Cooperation is to be kicked off on December 12-14 with the purpose of following up efforts to enhance bilateral relations in all fields.

The Syrian side will be led by Deputy Premier, Minister of Foreign Affairs and Expatriates Walid al-Moallem, while the Russian side will be led by Yury Borisov, Deputy Prime Minister of the Russian Federation.

Discussions will focus on economic cooperation and ways to boost relations to reach strategic partnership that benefit both countries.

Indian Transport Minister: We Want to Develop Economic Relations with Syria

New Delhi- India's Minister of State for Transport, Fertilizers and Chemical Industries, Hans Mandavia, reiterated his country's support for Syria.

During his meeting with Syrian Ambassador to India Dr. Riyad Abbas, he praised Syria's victory over terrorism, which came as a result of the sacrifices made by the Syrian Arab Army and the steadfastness of the people and its leadership, expressing his desire to visit Syria to develop bilateral relations and cooperation between the two countries in the fields of transport and manufacturing industries.

Abkhaz President underlines importance of economic cooperation with Syria


Sukhumi - President of Abkhazia Raul Khajimba said economic cooperation with Syria will be among the priorities of bilateral relations between the two countries.

In an interview with the Russian Sputnik agency, RT Channel and reported by SANA, Khajimba said issues related to building robust economies take center stage in his country’s priorities, which he said will be important for both Abkhazia and Syria.

“Contacts are underway to enhance economic relations, particularly in the fields of marine transportation, agriculture and education,” he pointed out.