Syria, Belarus to Enhance Industrial, Trade, Investment Cooperation

DAMASCUS – Industry Minister Ahmad al-Hamo discussed with his Belarusian counterpart Vitaliy Vovk means of establishing joint industrial projects in engineering and chemical sectors.

Al-Hamo said that the Ministry relies on the friendly countries, including Belarus, to rehabilitate terror-affected industrial companies, provide requirements of operating industrial companies and establishing joint projects according to the protocol signed between the two sides, especially in the fields of assembling trucks and buses, electric home appliances, medicines, food and agricultural industries, according to SANA.

 The Minister said that hundreds of trucks, vehicles and buses will be imported to the Ministries of Public Works and Housing, and the Local Administration and Environment within the framework of the Syrian-Belarusian cooperation.

He stressed the need to complete procedures regarding the entry of Syrian exports to Belarusian markets and give them privilege, in addition to establishing a Belarusian credit line to fund joint industrial projects, submitting a proposal to the Belarusian side on studying the possibility of rehabilitating the tire factory in Hama province.

For his part, Minister Vovk, who is heading the Belarusian side to the Joint Belarusian-Syrian Commission on Trade, Economic and Technical Cooperation, stressed the need to activate the work of the commission, in addition to studying economic and technical cooperation projects, increasing trade exchange and providing Syrian companies with their needs of raw materials, half-manufactured commodity  and end products.

He noted to the possibility of overcoming the difficulties hindering funds transfer between Syria and Belarus through barter trade, indicating that the Belarusian market needs phosphate, cotton, vegetables and fruits.

The Belarusian Minister stated that “MAZ” Plant is leading the Syrian-Belarusian cooperation taking into account efforts exerted to establish a factory to assemble trucks and buses in Syria, calling for launching more projects the serve the interests of the two countries.

Syrian-Belarusian Cooperation in Transport and Investment

Local Administration and Environment Minister Hussein Makhlouf discussed on Monday with the Belarusian Industry Minister Vitaly Vovk and the accompanying delegation the prospects of cooperation between the two countries in the fields of reconstruction, rehabilitation of infrastructure, and rapid construction.

The discussions focused on the necessity of establishing investments in industrial cities to ensure the sustainable development of resources through the settlement of Belarusian industries in Syria via the implementation of a series of investment and service projects such as the establishment of a factory for assembling Belarusian vehicles in one of the Syrian industrial cities.

Makhlouf affirmed the importance of follow-up talks between the Syrian and Belarusian sides, especially in the field of transport through supplying 202 buses to the ministry to support the internal transport system and working to activate the cooperation agreement signed between the ministry and the Belarusian Ministry of Emergency Situations in 2015.

For his part, Vovk who is also the Chairman of the Syrian-Belarusian Committee for Trade, Economic and Technical Cooperation said that his visit aims at deepening the existing relations of cooperation between the two countries in various fields, noting the desire of the Belarusian government and companies to enhance bilateral cooperation and investment in the field of transport and industry during the reconstruction phase.