Damascus, June 4 (SANA) Participants at the “Syrian Private Sector Dialogue 2026” conference called for economic reforms, stronger public-private partnerships and measures to improve the investment climate, saying such steps are essential to supporting Syria’s economic recovery and long-term growth.
In recommendations issued at the conclusion of the three-day conference in Damascus, participants said Syria’s future economy should be based on productivity, efficiency, transparency, competition and equal opportunities, while preventing monopolistic practices and ensuring stable economic and regulatory policies.
Private sector role in recovery
Participants described the private sector as a key partner in creating jobs, restoring value chains, revitalizing markets and supporting social stability, rather than simply a beneficiary of the recovery process.
They stressed the importance of protecting private property rights, respecting contracts and strengthening legal guarantees to build investor confidence and encourage Syrian capital to return to productive sectors.
The recommendations also called for simplifying business procedures, reducing administrative barriers and improving the overall legal and regulatory framework governing investment and economic activity.
Finance, trade and market access
Access to finance emerged as another priority, with participants urging the modernization of financial and banking systems and the development of financing tools to support small and medium-sized enterprises and productive investment.
The conference highlighted the need to improve trade facilitation, strengthen export capacity and reconnect Syrian producers with regional and international markets through better logistics services and streamlined customs procedures.
Participants further called for institutionalizing dialogue between the government, the private sector and other stakeholders, making it a permanent component of economic policymaking rather than a series of temporary consultations.
Human capital engagement
The recommendations emphasized investment in human capital, including workforce skills, innovation and entrepreneurship, while linking education and training programs more closely to labor market needs.
Participants also highlighted the importance of expanding economic opportunities for women and young people and leveraging the expertise of Syrians living abroad.
Follow-up mechanism for implementation
To ensure implementation, participants proposed the creation of a follow-up committee led by the Ministry of Economy and Industry and including representatives from both the public and private sectors. The body would monitor progress, oversee implementation of recommendations and maintain continuity in the dialogue process.
Organized by the Ministry of Economy and Industry in cooperation with the United Nations Development Programme (UNDP) and supported by the Government of Japan, the conference brought together government officials, business leaders and economic stakeholders to discuss priorities for Syria’s recovery, investment climate and sustainable economic development.
R.A/ABD
