Damascus, Sept. 4 (SANA) The 63rd Damascus International Fair reflects renewed momentum in Syria’s economy and the revival of specialized trade exhibitions, according to Mazen Derwan, chairman of the Federation of Syrian Chambers of Industry.
Speaking to SANA, Derwan said economic liberalization and the elimination of monopolies were necessary to protect consumers and strengthen competition.
He called on Syrian manufacturers to adapt more closely to market demand, shifting from the principle of “selling what is produced” to “producing what sells.”
Derwan said the government had responded to requests from the federation by reducing fuel oil prices for factories, a move aimed at easing production costs for manufacturers.
He urged further measures, including lower electricity prices and greater support for production inputs, to improve the competitiveness of Syrian goods in export markets.
Derwan also said the lifting of sanctions and the easing of banking transfers would reduce the additional costs and delays Syrian businesses face when purchasing machinery and spare parts from abroad and exporting their products.
The 63rd Damascus International Fair opened on Aug. 26 and runs through Sept. 4, with around 1,000 local, Arab and international companies and organizations representing nearly 60 countries taking part.
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