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Activating Scientific Research at Industrial Institutions

 (ST)- The Minister of Industry, Kamal Eddine Toumah, has underlined the need to follow up and implement the national policy of science, technology and innovation for the industrial sector. 

In a notebook was addressed to the Department of Scientific Affairs and Planning, the Minister urged to activate the process of scientific research in the industrial sector and follow up the implementation of the proposals in this regard in companies and institutions affiliated to the ministry through the creation of a Department of Scientific Affairs at each company or institution affiliated to the Technical Directorate and to be supplied with necessary technical cadres.

The Director of Scientific Affairs, Eng. Basman Muhanna, pointed out that the Directorate of Scientific Affairs identified in its proposals the functions of the Department of Scientific Affairs to supervise the implementation of the business related to scientific research, particularly in the development of production lines, solving technical problems, improving energy efficiency, developing of products, conducting studies and research to alleviate waste during the production process. 

The functions of the department also includes  raising periodical reports on scientific research, obstacles  and proposals to the ministry to coordinate with the supreme body of scientific research and research bodies affiliated to the ministry including the lab centers and industrial research, the Specifications and Standards Association and to benefit from their expertise as well as supervising the implementation of the proposals of national policy for science, technology and innovation, supporting and motivating innovators in public entities. 

Sh. Kh.




Syrian, Chinese Tire Cooperation

DAMASCUS, (ST)- The Ministry of Industry formed a working group to study the offer submitted by the Chinese government CamekEngineering Company for the development of Hama Tires Plant for a government guaranteed loan.

The offer by the Chinese company included the production of half a million to a million per a year of high-quality tires and using advanced technology competing tire manufacturers in the world.

The company is ready to guarantee a loan for the project that covers 85 percent of the value of the offer and the rest is paid by the Syrian government and that the loan period is of 15 years including 3 years of grace, an agreement on the benefits of the loan will be agreed and that the government provides a guarantee recovery of the loan  and interest by the Ministry of Finance by loan system used between the Syrian and Chinese governments.

The Syrian Company showed its strategic vision with the Chinese company is to find a strategic partner has the ability of investment cost and experience in the tire industry, and offers a famous brand and the partner has the right to submit legal, financial and regulatory proposals to  be studied jointly and reach an agreement that satisfies both parties

The General Directorof Hama Tires Company, eng.SamerHeidar, described the offer by the Chinese Camek Company  as good in principle and the Chinese company has to provide a full offer in addition to the formation of a team to study it from the relevant authorities.

The company has ceased production since April 2011 due to lack of financial liquidity and the offer can achieve a quantum leap for the company, noting that anything can be adjustable during discussions with the Chinese side to be the main objective is to re-develop the company and the return of production to markets.

Sh. Kh.

Four Contracts Implemented with Iranian EDB

(ST)-  Director of the Commercial Bank of Syria, Firas Salman, recently said that four contract, out of 12, worth at 125 million euros were approved according to the credit line agreement signed between the Commercial Bank of Syria and the Export Development Bank (EDB) of Iran.

"The bank received the agreement of the four contractsratified with the Establishment of Storage and Marketing, Electricity Establishment, General Establishment of Mills out of 12 contracts according to the agreement signed in Tehran on 01.16.2013 to buy goods and services or the implementation of projects, "Salman said.

The Syrian government approved last month, on the recommendation of the Economic Committee, on facilitating procedures for the supply of materials and goods from Iran through the credit line agreement and the pricing mechanism of selling these items and expanding sales outlets .

It is noteworthy, that the Central Bank of Syria signed at the end of last July , an agreement with Iran 's central bank to implement the oil credit line estimated at $ 3.6 billion , as the two countries signed agreements in the field of power transmission and electrical equipment.

Sh. Kh.

Oil drilling in Syria regional water discussed

DAMASCUS, (ST)_Syria and Russia have tackled means of removing obstacles that face the process of oil drilling in Syria's regional water and the possibility of establishing joint investments in oil and gas sector.

The topics were reviewed on Wednesday by Oil and Mineral Resources Minister Suleiman al-Abbas and Russia's Ambassador to Damascus "Azamatollah Kolmahmadov" as well as Deputy Head of the Board of Directors of the Russian Oil company "Issa Gotshetel".

The discussions followed a meeting of technical teams representing the Syrian Oil Ministry and the Russian Soyuz Oil Company.

Al-Abbas underscored the ministry's readiness to cooperate with Russian companies including the Soyuz Oil Company which had carried out projects in Syria, according to the official news agency.

For his part, the Russian Ambassador cited strong ties between Syria and his country, hoping to boost the cooperation in field of oil for the common interest of the two countries' peoples.

B. Qaddour      

Actual Steps to Barter Goods with Russia

(ST)- Deputy Minister of Economy and Foreign Trade for Arab and International Relations, Dr. Hayan Salman, said recently to local Tishreen newspaper that the ministry started the first procedures of the actual activation to barter goods for goods with the Russian side. He asked the Syrian economic activities to prepare their goods and products for exchanging with the Russia side, indicating that it had been agreed with the Russian side on the export of yarn, citrus, fruits, vegetables, and raw materials to be bartered for commodities produced in Russia and needed by the Syrian market. Trade exchange  with Russia will increase to 40%, Dr, Salman expected.
"Commodities needed by Syria, as pointed out by the Deputy Minister, were arranged according to priorities and specified programs and  the Russian side agreed to submit these commodities to Syria under accessible procedures primarily basic food products," Dr. Salman said.

"The issue of exchange in the field of oil and its derivatives also was discussed, pointing out that a meeting with the Minister of Agriculture was held to discuss the issue of exchange, and resulted in the formation of a committee to start the export of citrus fruits.," Dr. Salman clarified
It is noteworthy that, a government official delegation, represented by the Ministry of Economy and a number of economic activities, including the Exporters Federation paid a visit to Russia recently and met with some Russian economic activities. The two parties emphasized the need of activating the principle of exchanging goods to enhance the competitiveness capability of goods and granting them comparative advantages. It also was agreed with a number of Russian companies to export large quantities of fruit and vegetables and processed products.

Emphasis was placed to ensure the needs of the Syrian market of all goods and services, facilitate financial transactions with a number of banks, bodies and financial institutions, including the agreement of cooperation in all economic fields, especially in the field of oil and gas.

The Syrian delegation also met with the representatives of the Chamber of Commerce of Moscow and Russia and various  activities in the field of marketing and promotion, and in the fields of tourism and production of oil and gas fields, manufacturing mills, import of fruit and vegetables, export of industrial equipment and metals.

"The principle of exchange will be a viable solution to overcome the western economic sanctions and ensure the flow of goods needed by the Syrian citizen," Dr. Salman added.


Sharif al -Khatib