Economy Ministry: Supporting and Development of Domestic Product and Exports

Economy & Aftermath

DAMASCUS,(ST) – The Ministry of Economy and Foreign Trade, has already prepared a draft decree modifying the legislative decrees No. 6 and 19 for the year 2009, ” to create a Development and Export Promotion Association and a Development Fund of Exports and the need to establish a body for the “development and promotion of domestic production and exports”.

The draft decree aims to support domestic production, especially export and improve productivity so as to enhance the quality of products and enable Syrian companies and facilities to meet local needs and enter foreign markets.

Within this framework, the Minister of Economy Dr. Hammam al -Jazairi  clarified that developing support policies came in an effort to compensate for the facilities for the high costs and the expansion of the production, export and re-balancing of the productive process and the restoration of production chains, institutions and productive companies.

The minister pointed out that these steps are part of the development of institutional framework, especially among small and medium-sized companies and this step represents a new component of the measures and policies adopted by the government to restructure the production process and promote economic growth projects.

The Association of Development and Promotion of Exports was created by Legislative Decree No. 6 of 2009 as a body that does not aim to profit but to promote Syrian exports in international markets and works as a joint between foreign suppliers and Syrian exporters  and provides assistance to both parties through the strengthening of relations between them and provides the Syrian businessmen to partners and foreign investors, foreign suppliers to provide information on the economic conditions and expectations of the market and data on exporters, the laws and regulations in Syria.

 

Sharif al -Khatib

You might also like
Economy

With local and international participation, the “HITEC” exhibition for…

Economy & Aftermath

Conference of Investment Prospects and Visions in Reconstruction Phase continues its…

Economy & Aftermath

Conference on“Investment Prospects and Visions in the reconstruction phase” kicks off

Economy & Aftermath

ACSAD holds training course on proper management of salt-affected soils

Latest news
Three people injured in Israeli aggression on residential building in Damascus Press conference of the committee of experts tasked with drafting the Constitutional Declaration President al-Sharaa signs the draft Constitutional Declaration Minister of Agriculture discusses with Ajyal Petroleum and Energy Company prospects of cooperation Qatar Announces Humanitarian Initiative to supply Syria with Gas Thwarting an attack by remnants of former regime against a military barracks in Lattakia countryside Canada Appoints Non-Resident Ambassador to Syria Bahrain welcomes the agreement to integrate SDF into the Syrian institutions Presidential decision on forming the National Security Council Syrian business councils with some Arab and foreign countries President al-Sharaa receives a delegation representing the International Union of Muslim Scholars Minister of Social Affairs and Labor meets a delegation from the WFP and UNDP Tanker ship carrying more than 30 thousand tons of diesel arrives at Banias port UAE welcomes the agreement between Syrian state and SDF Initiative to Distribute Food Baskets in Hama and Deepen Social Solidarity Residents of Al-Qusour neighborhood in Baniyas return to their homes Syria restores full membership in ISESCO Media sources highlight most important provisions of the Constitutional Declaration EU: Integrating SDF into state institutions enhances Syria's stability and prosperity Health Ministry discusses cooperation with a delegation from the French Foreign Ministry and "Expert...