Syria to Be Rebuilt by the Syrians Themselves, Friends' Participation Welcomed

DAMASCUS, (ST)-Prime Minister Imad Khamis has stressed that the Syrians themselves will build their country with their own capabilities which are still strong despite years of terrorist war, pointing out that foreign investments by Syria's friends will be welcomed in the reconstruction era.

"Several parties in Syria's friendly countries have become ready to carry out huge investments in the country, but also the Syrians inside and outside Syria have become prepared to launch major investments," Khamis told Maraya International Magazine.

"The government's task now is to prepare good environment for investment," he added.

Food commodity prices fall for fifth year in a row in 2016

Rome -Prices of major food commodities declined for the fifth year in a row in 2016, averaging 161.6 points for the year as a whole, some 1.5 percent below their 2015 levels.

Bumper harvests and prospects for staple cereals offset upward pressure on FAO's Food Price Index from tropical commodities such as sugar and palm oil, where production was impacted by El Nino.

In December, the Index  averaged nearly 172 points, unchanged from November.

The FAO Food Price Index is a trade-weighted index tracking international market prices for five key food commodity groups: major cereals, vegetable oils, dairy, meat and sugar.

Shamkhani Affirms Iran's Full Support for Syria in All Domains

 TEHRAN, (ST)- Prime Minister Imad Khamis and Secretary of Iran’s Supreme National Security Council (SNSC) Ali Shamkhani on Tuesday discussed the latest developments in the region and in Syria and focused on boosting political and economic ties.

Khamis reviewed the latest developments on ground in Syria and the victories achieved in the battle with takfiri terrorists organizations. He stressed the need to continue political efforts as to solve the crisis in Syria.

The Premier reiterated that reaching a lasting solution and attaining security and stability in Syria depends on the shifts in the stances of some countries on supporting terrorism and in effective and true confrontation of this threat.   

He hailed Iran's  support for the Syrian people and government, noting that cooperation between the two countries in all fields provides the suitable ground to achieve the aspirations of the peoples of both countries.

On his part, Shamkhani renewed his country's full support for Syria in all domains and for all political initiatives that embody the real aspirations of the Syrian people.

Inclusive efforts to liberate terrorist-held Syrian areas  and restore security and stability nationwide in parallel with efforts to hold intra-Syrian dialogue to achieve settlement can guarantee successes in managing the ongoing crisis in Syria," Shamkhani said.

He warned against the possibility of the enemy's exploiting of the cessation of hostilities and political dialogue as a strategic opportunity to revive the armed groups and help them rebuild their military and financial and human abilities in order to resume terrorist attacks.

Shamkhani pointed out that Iran welcomes all political initiatives based on the principle of defending the territorial integrity and safety of the Syrian land and on maintaining the sovereignty and independence of the Syrian state.

Syria, Iran Sign Five Contracts on  Economic Cooperation

Syria and Iran on Tuesday signed five contracts based on the economic cooperation agreements that were signed  a year ago. The contracts covered agriculture, livestock, industry, oil and communications.

The deals were signed for the Syria side by Minister of Economy and Foreign Trade Adib Mayyaleh and by Ali Tayyeb, Iran’s Minister of Economic and Financial Affairs for the Iranian side

Prime Minister Imad Khamis and Iran’s First Vice President Es’haq Jahangiri attended the signing ceremony.

Boosting Investment a Priority of Government's Work in Coming Era: Premier

DAMASCUS, (ST)- The investment process with all its components is one of the priorities of the Syrian government 's work in the coming era given the big role this sector is playing in the production process and growth rates in the country, Prime Minister Imad Khamis has underscored.

During a meeting with members of the Investment Higher Council on Saturday (the first after a five-year stop because of the crisis), Khamis stressed the need to draw up an investment map for both the public and private sectors, to encourage investment projects and to develop the work mechanism as to achieve a qualitative step in the area of investment.

Joint Syrian-Iraqi Chamber of Commerce

Damascus, (ST) - Syrian and Iraqi Federations of Chambers of Commerce on Tuesday signed a protocol to establish a joint Syrian-Iraqi Chamber of Commerce to support and promote economic relations and coordination to increase the volume of trade, investment and to brief businessmen, businesswomen and investors, economic and investment potentials available in both countries to work on developing economic relations.