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Syrian Arab News Agency (SANA) > Syria News > Economy > Germany Seeks to Expand Economic Cooperation with Syria During Reconstruction

Germany Seeks to Expand Economic Cooperation with Syria During Reconstruction

2 months ago
Germany Seeks to Expand Economic Cooperation with Syria During Reconstruction

Germany is seeking to strengthen economic ties with Syria and support the country’s reconstruction efforts, Clemens Hach, Chargé d’Affaires at the German Embassy in Damascus said during a visit to the Cement and Concrete Industry Conference and Exhibition in Rural Damascus, where he highlighted growing German interest in contributing to Syria’s rebuilding projects.

Hach told SANA that the participation of several German companies, either directly or through local partners, reflects mutual trust and the strong reputation of German technology and products in the Syrian market. He noted that bilateral trade between Syria and Germany reached approximately 1.8 billion euros in 2010, a level Germany hopes to reach again in the coming years.

He added that a large German business delegation recently visited Damascus, holding meetings with Syrian government officials and Syrian and Austrian business partners, giving German companies a deeper understanding of Syria’s market needs and future plans in industry, construction, and energy sectors.

Hach emphasized that relations between Syria and Germany are built on a long history of friendship and partnership, noting that more than one million Syrians currently reside in Germany, forming an integral part of German society and serving as a bridge to enhance social and economic cooperation between the two countries.

He concluded by stating that Syria is a promising country with human resources and a strategic location, and that German companies see substantial opportunities to participate in reconstruction through technology transfer, expertise, and joint investment, contributing to sustainable economic development.

The Cement and Concrete Industry Conference and Exhibition, held at the Exhibition City in Rural Damascus, continues until tomorrow, with participation from approximately 40 local, regional, and international companies.

Amer Dhawa

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