Damascus, March 19 (SANA) – Syria is preparing a new regulatory framework to strengthen and expand its network of joint business councils, aiming to enhance economic cooperation and support national growth, officials said.
Head of the Syrian Council for Coordinating Joint Business Councils Rawad Ramadan said the initiative seeks to organize and improve the performance of existing councils while transforming them into a more integrated economic network. The framework sets clear criteria for establishing new councils, including the presence of genuine economic potential, identification of priority sectors, and involvement of experienced business figures.
Ramadan noted that joint business councils serve as institutional platforms to facilitate trade missions, economic forums, and investment exchanges, in coordination with the Ministries of Economy and Foreign Affairs to align with national priorities.
He added that Syria plans to significantly expand the network, with projections indicating it could reach at least 62 bilateral business councils with partner countries. The expansion is part of a broader strategy to attract investment, open new markets for Syrian companies, and strengthen international economic ties.
The framework also emphasizes transparency, performance evaluation, and measurable economic outcomes, ensuring that the councils contribute effectively to Syria’s economic recovery and reintegration into global markets.
Kh.A
