FAO food price index drops in December

Abundant supplies and slow economic growth drive food prices down for the fourth consecutive year

Rome - Prices of major food commodities declined for the fourth year in a row in 2015, averaging 19.1 percent below their previous-year's levels, as the dwindling global economy also triggered sharp price falls from metals to energy markets.

 FAO's Food Price Index averaged 164.1 points over 2015 and ended the year even lower, at 154.1 points during the month of December.

1st Exhibition to Promote Syrian Products and Exports in Damascus

Damascus, (ST) –In cooperation with the Ministry of Economy and Foreign Trade,the Syrian Exporters’ Federation (SEF) Unionopened the 1st exhibition for export and its mechanisms at the Dama Rose Hotel in Damascus.The event was attended byan Iraqi delegation of 200 tradesmen and industrialists.

The exhibition which aims at enhancing the Syrian local industry and exports displayed products by 100 Syrian industrialists and producers from various sectors including textile, agriculture, finance, chemistry, transportation, energy, technology and packaging.

Government Vows to Facilitate Procedures Aiming to Boost Syrian-Iraqi Economic Ties: Premier

 DAMASCUS, (ST)- Prime Minister Emad Khamis has stressed that the extraordinary circumstances through which both Syria and Iraq are passing through add more responsibility on the two sides to fight terrorism and enhance cooperation in all fields with the participation of the economic, trade and industrial facilities as well as the organizations and unions of both countries.

Cabinet holds special session for Aleppo city

Damascus – The Cabinet approved an executive work program for restoring services and production and for boosting security in Aleppo city.

During a special session dedicated to Aleppo city chaired by Prime Minister Imad Khamis on Saturday, the Cabinet approved steps to allow citizens in Aleppo to return to their normal lives, including opening roads and providing water and electricity, in addition to evaluating the zoning plan of the city in a short and specific timeframe and assess the conditions of buildings to decide which can be repaired, SANA reported.

The executive work plan involves increasing fuel allocated to the city, sending a mobile unit for refilling cooking gas cylinders and two mobile fuel stations, as well as working to restore electricity to the city.

The Cabinet also approved an emergency plan for the Education Ministry on repairing 50 damaged schools in the eastern neighborhoods of the city within six months, with the goal of repairing 100 schools by the beginning of the next school year.

Premier Khamis: Strategy needed for reconstruction and production in Aleppo city

Aleppo – Prime Minister Imad Khamis asserted the necessity of setting up a strategy and working plan for reconstruction in Aleppo and effectively assessing the services situation in the city in order to find suitable solutions and provide best services to the citizens, SANA reported.

His stress came during a meeting with members of the Executive Bureau of the councils of Aleppo City and Governorate and directors of services and construction establishments and departments in the province.

Khamis also stressed the necessity of overcoming all obstacles hindering the production movement in the city to promote the economic situation on the industrial, commercial and agricultural levels, highlighting the need of forming committees and work teams to rehabilitate the old city of Aleppo.