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Diversity of Agricultural Production Supports Economy

(ST) - Minister of Economy and Foreign Trade, Dr. Mohammad Zafer Mahbaq’ said the first processes of barter is very close to be applied, noting that the government's self-reliance in the import of supplies will ease the pressure on the foreign exchange demand.

Dr. Mahbaq attributed the delay in the mechanism of barter to a number of obstacles that encountered this process, notably how to coordinate relations of banking operations to pay values of trades and purchases because the unfair economic sanctions imposed on the Syrian people affected banking relationships in addition to cash and insurance on all matters relating to Syria.

Minister of Economy said that among the mechanisms is the existence of financing or credit facilities from friendly countries, in addition to the presence of frozen funds and Syria seeks to use these funds in the operations of import.

 He pointed out the large number of trading partners who support Syria in its fair positions and ensure the needs of the Syrian people, despite the unjust economic embargo imposed on the people.

The more sectors inflicted by the current crisis is the industrial sector, particularly the city of Aleppo represents the industrial bulk of the others, the minister added.

A large part of our local industries works in the scope of export and sometimes we import some of its raw materials, and the conspiracy included dismemberment of transport across the roads between cities, so the access of raw materials are not guaranteed to run factories.

 The industry is distinct from other sectors in producing and storing until it receives receipts of orders for the purpose of export, but the storage was targeted by burning, destruction and theft.

The terrorist acts aim at destroying the Syrian economy and hindering economic activity. Therefore, one of the main factors that strengthens our economy and steadfastness is its dependence on agriculture in an  important part of it, the minister concluded.

Sh. Kh.

Agriculture Ministry, ACSAD sign MoU on livestock

DAMASCUS, (ST) - The Ministry of Agriculture and Agrarian Reform and the Arab Center for the Studies of Arid Zones and Dry Areas "ACSAD" recently signed a Memorandum of Understanding (MoU) on the development of livestock.

The MoU aimed at establishing a national system in Syria including a database for numbering farm animals and the development of the reality of producing veterinary vaccines produced locally in the ministry in coordination with the concerned authorities. The MoU also aimed at participating in the activities of field schools to sheep breeders in order to transfer modern technologies and some of the concepts related to the development of stockbreeding, care and marketing of products according to project strategies.

The MoU stipulated the preparation of a national system for numbering herds of livestock, identifying technical indicators for the national database concerning the record of the herd and areas that require support and developing the expertise of employees, especially the production of veterinary vaccines. The MoU also stressed on the coordination with the Agricultural Scientific Research Association to prepare an artificial insemination laboratory and ensure the necessary funding to accomplish all activities.

The MoU included training the Ministry's cadres in the laboratories of vaccine production according to international standards, providing technical studies required to create and equip a laboratory for the circulation the technique of industrial pruning technology.  The MoU underlined the need to ensure opportunities of scientific visits and training courses for the staff of the ministry and the project's partners at home and abroad.

The Minister of Agriculture and Agrarian Reform, Ahmed Qadri, confirmed that signing the MoU is the result of fruitful cooperation with ACSAD which reflected positively on the agricultural production through the development of new varieties of agricultural crops and improving the breeds of livestock.

For his part, Director General of ACSAD, Dr. Rafiq Ali Saleh, noted the importance of the memorandum signed in developing and improving the situation of livestock and raising the capabilities of national cadres in the areas of training and rehabilitation.

Sh. Kh.

Syrian-Iranian Electricity Contracts at 40 Million EUROS

DAMASCUS,(ST)_ The Ministry of Electricity and Iran 's engineering and oil company on Tuesday signed four contracts worth 40 million euros in order to supply Syria with  high voltage transformers and essential equipment for electricity transfer stations.

Minister of Electricity Imad Khamis told reporters that these contracts come in the framework of continuous cooperation between Syria and Iran, and a result of mutual cooperation between Iranian companies and the Ministry of Electricity , adding that these contracts state  supplying Syria with high voltage transformers of 400, 230 and 66 kV and equipment essential to the transfer stations .

For his part Director General of the electric power transmission Nasouh Smesmieh said that the equipment to be supplied under the signed contracts are the backbone for operating and future expansion of the country 's electrical network .


T. Fateh

Economy Ministry Dissolves Joint Syrian Businessmen Councils

Damascus , (ST) -  Minister of Economy and Foreign Trade Mohammad Zafer Muhabbek on Sunday issued a decision dissolving the joint Syrian businessmen councils which were established under the ministry's decision No. 3023 issued in 2009.

According to the decision, these councils are to be reestablished in in future in the light of Syria's foreign trade relations and in accordance with certain objective principles and standards that must be available in the businessmen who are to be nominated to the councils' membership.

H. Mustafa 

Government to Hold Accountable All Who Target Syrians' Livelihood

DAMASCUS, (ST) -  "The government will hold accountable all who attempt to target the livelihood of the Syrian people and will spare no effort to find new ways to monitor markets, curb prices, increase incomes and reduce general expenditure," asserted Prime Minister Wael al-Halqi.

The Premier's assertion came during a meeting he chaired on Saturday for the Economic Committee to tackle the situation of the national economy under the crisis, the Syrians have been suffering because of the unjust West-imposed economic sanctions.

Al-Halqi stressed that meeting the requirements of the Syrian citizens is the government's top priority, referring to the plans and programs which have been studies by the committee and which will be resulted soon in key economic decisions and procedures that support the national economy's potentials, protect the Syrian Pound in the market and improve the living standards of all categories of the Syrian society so as to achieve social justice.

 "The government will never allow any power in the world to undermine the steadfastness of the Syrian people in the confrontation of the current crisis, al-Halqi stressed.

He affirmed that the achievements of the Syrian Arab Army and its keenness to restore security and stability nationwide, in addition to the success of national dialogue by implementing the political program to solve the crisis will create a suitable ground for implementing the key economic procedures to be adopted by the government with the purpose of protecting the national economy, enhancing its ability to keep steadfast, and meeting the requirements of an all-out development.

Concerning the government's positive intervention in stock markets, Governor of the Central Bank of Syria Adib Mayyaleh said the aim is to protect the Syrian pound from speculations and ensure enough foreign currency to fund imports.

On the Syrian-Iranian economic cooperation, Mayyaleh affirmed that Iran will continue to support Syria until it surpassed the crisis.

He clarified that Iran will offer Syria two credit lines valued at 4 billion US dollars to fund Syrian imports and needs for oil and oil derivatives. In addition, the Iran will provide the Syrian side with an easy loan at 3 billion US dollars.

H. Mustafa