Breaking News

Russia plans to establish a center for the repair of Russian ships in the seaport of Tartous

The Russian Navy’s Physical and Technical Supply Center (PMTO) in Tartus announced that it will start work on maintaining Russian ships, a source at the Russian naval industry center was quoted as saying by Tass Russian Agency.

The source added that the work of the center will be limited to providing minor repairs to ships and submarines relating to the permanent operational contact of the Russian Navy in the Mediterranean Sea.

The most up to date machines have been purchased and transported to Tartous, the source pointed out.

Syrian Textile and Garment Industry on Recovery Path

DAMASCUS, (ST)-More than 100 national textile and garment companies are taking part in the "Made in Syria" Exhibition for Textiles, Garments and Production Requirements eying new exportation contracts.

The four-day economic event, which kicked off on Friday in Damascus, is organized by the Federation of the Syrian Chambers of Commerce and Industry in cooperation with the Syrian Textile and Garment Exporters Association. It exhibits a variety of kids, men and women wears, lingerie, socks, leather products and all kinds of fabrics as well as production requirements.

Ghassan al-Fakyani, Director General of the General Establishment for International Fairs and Exhibitions said that the fair saw a big turnout  of visitors and Arab delegations, mainly from Iraq and Kuwait. This indicates the recovery of the Syrian economy and the national industry, particularly the textiles, he added.

Situation of Syria’s Oil Products this Coming Winter:

Syria Times conducted an interview with the Ministry of Petroleum and Mineral Resources’Syrian Company for the Storage and Distribution of Petroleum Products’ (Mahrukat) General Director Mustafa Hasweh.

What are the tasks of Mahrukat Company?

The Mahrukat Company was established in 1974. It is one of the Ministry of Petroleum and Mineral Resources’ companies. It has a direct relation with citizens and all economic, industrial and services sectors in Syria.

Establishing a company for exporting agricultural products

On the sidelines of the Damascus International Fair, nine Syrian businessmen and a Lebanese businessman announced the establishment of a company to export vegetables and fruits to world countries.

The Lebanese businessman Joseph Mazrani said in a statement to SANA that the company will oversee the export product from the provision of seeds to sorting and packing.

From his part, the businessman Bashar al-Malik explained that the approved company consists of ten companies specialized in exporting vegetables and fruits to the world countries in accordance with international standards, pointing out that the company will not only export to the Russian markets but will open export lines to Europe and other world countries.

Inas Abdulkareem

Free shipping for land and sea exports

The Commission for the Support and Development of Local Production and Exports announced the approvals of a mechanism to 100% subsidize land and sea freight to support the export contracts signed on the sidelines of 61st Damascus International Fair.

Ibrahim Mida, Director of the Commission for the Support and Development of Local Production and Exports pointed out that the export shipping support mechanism  includes 100 % percent support for the cost of shipping goods exported by land or sea under the signed contracts which means “free shipping", in parallel with raising the "value of support" to 20 % compared with the previous years of the value allocated for exporting agricultural products and 15 % of the value for exporting other products as the value last year did not exceed 14 %.