President al-Assad underscores importance of investing joint Syrian-Russian Commission to boost economic ties

Damascus, SANA-President Bashar al-Assad received on Thursday a Russian government delegation, led by Deputy Prime Minister of the Russian Federation Yury Borisov, who is head of the Russian side in the Russian-Syrian Inter-Governmental Commission on Trade, Economic, Scientific and Technical Cooperation.

During the meeting, the two sides discussed bilateral relations and the continuous efforts by both sides to further enhance them at all levels, mainly the economic.

President al-Assad indicated that these relations constitute a source of power for the peoples of the two friendly countries in the face of the policies of some western countries which are attempting to break the will of nations which refuse to bow to their diktats, whether through waging wars or slapping sanctions.

The President affirmed the importance of benefiting from the meetings of the Joint Commission to outline long-term visions for robust economic ties which can be achieved via strategic cooperation agreements and significant projects and investments that will serve to improve the economic situation in Syria and support the Russian economy, amid common victories over terrorism and as security and stability have been restored to large swaths of Syrian territories.

Borisov, for his part, said Russia seeks to ramp up cooperation with Syria in all areas so as to tangibly contribute to rebuilding the Syrian economy, citing the results of the military cooperation between the Russian and Syrian armies in debilitating terrorism in Syria as a precursor to successful joint efforts in launching the Syrian economy and rebuilding infrastructure in all fields.

The delegation members stressed that, in parallel with victories on terrorism on the ground and the breakthrough on the political track, Russia is working intensively to create favorable conditions to prop up the Syrian economy.

During the meeting, the projects and agreements to be signed during the Joint Commission’s meetings in the next couple of days were discussed, with the two sides agreeing that despite a 27 % increase in the trade exchange volume in 2018 compared to 2017, there exists considerable possibility to have that volume doubled, amid a desire by scores of Russian companies to gain a foothold in the Syrian market.


Check Also

Cabinet grants Syrian Trading advance of SYP one billion for marketing and procuring olive oil

Damascus, SANA – The Cabinet approved granting the Syrian Trading company a preliminary advance of …