Damascus, May 3 (SANA) Two economic experts stressed that the German-Syrian Economic Cooperation Forum represents an important opportunity to transfer technology and develop human resources, while strengthening economic ties between Damascus and Berlin.
They noted that the forum provides a platform for direct dialogue on partnership opportunities, rebuilding economic links, and opening new avenues for cooperation, investment, and reconstruction, supporting economic recovery efforts and gradual engagement with European markets.
From relief economy to production economy
Economic expert Samer Rahal told SANA that advancing economic relations between Syria and Germany requires a shift from a relief-based economy to a production-driven model through genuine partnerships in key sectors such as industry, energy, and agriculture, enhancing added value and boosting national competitiveness.
Rahal highlighted the energy sector as a current priority due to the gap between production and demand, offering opportunities for cooperation in both conventional and renewable energy. He also stressed the importance of expanding industrial partnerships to facilitate technology transfer and upgrade production lines.
He added that agriculture and food processing represent promising areas for cooperation, given their role in achieving food security and increasing exports, noting that introducing modern technologies would improve product quality and expand access to foreign markets.
Enhancing transparency in the banking system
Economic and banking expert Ibrahim Nafeh Qoushji said that strengthening economic ties between Syria and Germany requires structural reforms, including improving the legal framework, upgrading infrastructure, and enhancing transparency in the banking sector to create an attractive investment environment.
He noted that German companies rely on clear and stable regulations, along with investment protection guarantees, underscoring the need for practical steps to build trust and facilitate investor access to the Syrian market.
Qoushji added that the global economy increasingly depends on the private sector, while governments focus on regulating and stimulating markets through fiscal and monetary policies, making it essential to establish a competitive environment capable of attracting foreign investment.
Technology transfer and human capital development
Both experts agreed that strengthening economic cooperation between Syria and Germany could significantly contribute to technology transfer and human capital development, particularly in vocational training and technical education, supporting the transition toward a more diversified and sustainable production economy.
The German-Syrian Economic Cooperation Forum concluded last Thursday in Berlin, discussing opportunities for economic cooperation, reconstruction, and investment attraction as part of efforts to enhance bilateral relations between the two countries.
Kh.A
