The 2013 turnover to hit SP16bn, says foreign trade Est.

Net profits of the General Foreign Trade Establishment are expected to hit SP 2 billion in 2013 through business activities and commissions.

Speaking to the 'Tishreen' newspaper, the establishment's Director General said: "Because of business activities and commission got through ensuring local market's needs as regards items and necessary products the profits reached up to SP2bn."

Mohammad Hammod added the said profits are actual incomes under business standards.

The 2013-plan seeks to have a turnover of SP 16bn, while the value of purchases is to reach SP14.7bn.

Hammod noted that value of the establishment's stock is about SP109m.

However, the Gross National Product (GNP) estimated at SP3.5bn.

Currently, the establishment focuses on providing local market with main items including sugar, rice, and fertilizer.



Abdullah: Mapping out Integrated Plan for Sustainability, Promotion of Agricultural Production

DAMASCUS, (ST)_ Minister of Agriculture, Eng. Sobhi  Al-Abdullah, said that the agricultural sector both plant and animal forms the backbone of the national economy, especially agriculture which is considered the mainstay of many industries as well as it is the main loop and the basic body
in securing food for citizens, which requires everyone in their respective locations follow tireless efforts to protect and develop this sector and to stop anyone who tries to tamper with it and take it out on his essential mission, stressing that Syria is still strong and provide support in economic and social domains.

During a meeting with a number of central directorates held yesterday at the ministry, Al Abdullah stressed  on the need to develop an integrated plan for the future to cope with the ambition and the future of the ministry and work under them in order to achieve sustainability of our products and promote ways of  proper marketing.

"The importance of the olive sector, which we have a large surplus of it and you should take advantage of this surplus in export and open new markets to it, and more importantly, the need to change patterns and the culture of consumption with respect to olive oil among the citizens which vary between producing provinces and eastern provinces so that discharge the surplus internally and it is possible to dispense with vegetable imported oils which cost the state millions of dollars," he pointed out.

The minister clarified the importance of olive oil in terms of food and medical noting that some countries like India want to import even paper olive because of its health benefits and aromatic.

He added that the large losses suffered by the agriculture sector due to terrorist acts and that the ministry will work to avoid them in the future within the available means and will not allow the terrorists break the will of the workers in this sector, especially farmers who are considered the foundation of the agricultural process.

Eng. Al Abdullah stressed the importance of diagnosing problems and determine the right thing for each of the joints of the ministry detailed and not allow to exercise any kind of corruption, especially in light of the crisis faced by Syria, stressing that Syria will return as a safe and  good country and enjoy security and freedom.


Economy Minister: Moving Towards Economy of Knowledge Based on Human Resources

DAMASCUS, (ST)_ Minister of Economy and Foreign Trade, Dr. Mohammed Zafer Mahbaq, said that the economy in the present day had shifted to an economy -based on knowledge and the standards of States' development don’t  based on the huge and diverse economic potential as far they based on human resources primarily.

The Minister pointed out that the organization of work and its mechanisms are a fundamental part in improving productivity and the Syrian economy goes in this direction despite the current circumstances.

Dr. Mahbaq delivered his speech, during an evaluation  session held recently in Damascus, to the performance of the central directorates' work in the ministry during the second half of last year 2012.

"When we prepare a qualified,  capable person and able to innovate and think properly, then we will be to achieve fruitful achievement and therefore the human resources and their  storage of science and knowledge are the most important of all the economic potential," he said.

The Minister stressed the interest to reduce spending and rationalize consumption because this is an important contribution in supporting our economy, especially in the current circumstances, as well as the importance of discipline and commitment, especially in the current.

"The research competencies in the ministry require training to a large degree and asked each of those who make researches to meet with the concerned bodies in the ministries to achieve integrated, accurate and meaningful researches because the purpose of any research is to change reality for the better, and the need to be objective in making the researches reliable to support  the development of our economy for the better," the minister concluded.


Citizens, government cooperate to 'justly' distribute items

DAMASCUS,(ST)_ Deputy Prime Minister for Economic Affairs says popular support is essential to solve the problems of distributing basic needs among citizens.

In a meeting with citizens from "ReknEddin" suburb, Dr.Qadri Jamil said people's cooperation with government could help solve the problem of distributing gas and fuel as laws and legislations are no longer enough to notch up this goal.

He stressed that 70% of the bread matter was solved.

According to SANA, the meeting held on Sunday revolved around measures being adopted to guarantee ensuring the said items to the suburb's citizens at prices identified by the government.

Young men from "RoknEddin" are due to receive specific quantity from the items to be justly distributed among the citizens there. The suburb is divided into three sectors in order to ease the adopted process.

Initially, 100 gas cylinders and 4000 litters of fuel are to be delivered daily to the young men to distribute them among citizens of the suburb. 

Dr. Jamil sees it is necessary to draw up measures that would help combating monopolization and smuggling of basic items.


Electricity sector faces big challenges

DAMASCUS,(ST)_ Syria is keen on taking necessary procedures to solve the problem of power outage within the extraordinary circumstances which Syria is going through, Electricity Minister said on Saturday.

Eng. Imad Khamis told workers at National Control Center: "electricity sector is facing big challenges because of resources shortage, unfair economic sanctions on the Syrian people that caused lack in fuel needed to operate power plants."

He appealed for removing obstacles that face mechanism of work, benefitting from available resources, and distributing quantity of power justly among all provinces.

Over last months, the armed terrorist groups attacked power plants.

The minister underlined that the attacks come within the framework of the aggression against Syria to destroy infrastructures and national economy.