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Syrian Arab News Agency (SANA) > Latest News > Economy > Syria, Egypt seek closer economic ties at new forum in Damascus

Syria, Egypt seek closer economic ties at new forum in Damascus

Published: 2026/01/11 2:01 PM
Updated: 2026/01/11 2:56 PM
Syria, Egypt seek closer economic ties at new forum in Damascus

Damascus, Jan. 11 (SANA) The Syrian-Egyptian Economic Forum opened Sunday in Damascus, aiming to boost trade, investment, and the development of joint projects.

Syria, Egypt seek closer economic ties at new forum in Damascus

Organized by the Chambers of Commerce of both countries, the event brought together officials, business leaders, and economic institutions from Syria and Egypt to explore opportunities for economic cooperation as Syria enters the reconstruction phase.

During the opening ceremony, Economy and Industry Minister Nidal al-Shaar highlighted the potential of Syrian–Egyptian economic cooperation. He said, “Enhancing economic cooperation between Syria and Egypt goes beyond the mere exchange of goods. It focuses on establishing joint projects, thereby increasing the likelihood of success and long-term sustainability.”

The minister added that economic cooperation between the two countries is a natural complement, as they share similarities in production and consumption patterns, human resources, and the pivotal roles of industry, agriculture, and services.

Ahmed El-Wakil, President of the Egyptian Chambers of Commerce, underlined that strengthening economic relations with Syria is an urgent necessity, requiring effective partnerships between the private sectors of both countries.

Alaa al-Ali, President of the Syrian Chambers of Commerce, described the forum as “a strategic step toward reconstruction and development across multiple sectors. Joint cooperation is a key driver of economic growth for Syria and Egypt in the coming phase.”

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TAGGED:Alaa al-AliEconomy and Industry MinisterPresident of the Syrian Chambers of CommerceSyrian-Egyptian Economic Forum
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