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Hamdan: Legislative decree No. 10 reflects the state’s strategy to support national industry

Damascus (ST): The Minister of Finance Dr. Mamoun Hamdan said that the legislative decree No. 10 for the year 2020 comes in implementation of the state’s strategy to support national industry through exempting imported raw materials from customs fees and from all other taxes and fees.

In a telephone call with the Syrian TV, Hamdan said that the legislative decree grants many exemptions on all materials required for industrial production.

Interrupted for More than 8 Years -Beekeeping is Recovering in Deir Ezzor Province

  After an interruption that lasted for more than eight years, beekeeping and honey production in Deir Ezzor province have began gradually to recover from the impacts of terrorist vandalism and sabotage.

Beekeeping, on the banks of the Euphrates River, has returned today through several projects in the province, including a project, set up by beekeeper Sarhan al-Alawi. He started his project months ago on his farm in the newly liberated al-Huwaiqa neighborhood. In the city of Deir Al-Zour, the location of his farm is in the middle area between the two Euphrates River’s branches.

Al-Alawi said that beekeeping is one of the professions that Deir Ezzor province is famous for, given the availability of appropriate pastures and an ideal Euphrates environment, along with the richness of the area with various kinds of flowers and trees, such as almond trees and citrus fruits, including lemons, eucalyptus, thorny bushes, carob & palm trees.

Central bank of Syria allows the Syrians abroad to pay for their return ticket in Syrian Pounds

DAMASCUS, (ST)- The Central Bank of Syria (CBS) has decided to allow the Syrians who are coming from abroad to Syria on board of the Syrian Airlines and holding the SOTO ticket (Sold Outside) to pay the value of their ticket in Syrian pounds.

The value of the ticket is paid in Syrian Pounds according to the official exchange rate, the CBS stressed.

The CBS’s new decision comes within the framework of the government’s measures to confront the negative impacts of coronavirus pandemic and to facilitate the return of the Syrians stranded abroad because of coronavirus crisis.

Plan To Cultivate 74.000 Hectares of Cotton for Current Season-Highest Implementation Rate In Deir Ezzor Province

The concerned authorities in the Ministries of Agriculture and Water Resources are seeking to increase the areas planted with the cotton crop- one of the most important strategic crops- through providing production requirements of fertilizers and pesticides, in addition to rehabilitating the sabotaged public irrigation networks.

The Director of Plant Production at the Ministry of Agriculture, Eng. Abdel Moein Qadamani, said that the ministry extended the financing period until the end of the current month to give cotton farmers ample time to take their full need of fertilizers, available in agricultural banks. Qadamani added, “The ministry is seeking to increase the areas planted with cotton this season, after a great decline during the past years as a result of high production costs, sabotage of irrigation canals and the shift to growing other crops.”

Syria continues to produce medical cotton despite sanctions and shortage of raw materials

The United Company for Industry & Trade has signed contracts worth 3 billion Syrian pounds  with government institutions to produce several items this year. 
 
Director-General of the company Mustafa Hlal told SANA that the items to be produced are medical cotton and fabrics and the value of sales hit SYP 423 million.