Syria, Oman to Activate Economic and Investment Cooperation

DAMASCUS– Syria and Oman discussed on Wednesday steps to activate economic and investment cooperation according to a vision that meets the interests of both sides.

During a meeting with Chairman of Oman Chamber of Commerce and Industry Said bin Saleh Al Kiyomi, Prime Minister Imad Khamis welcomed the Omani’s side participation in investment activities in Syria, particularly in the fields of oil, mineral resources and tourism, according to SANA.

Khamis briefed Al Kiyomi on the new investment facilitations, legislations and laws issued in Syria to encourage foreign investment, expressing his appreciation of the training and expertise exchange plan organized by the Omani side in Syria.

Thousands of People Participate in Aleppo Shopping Festival

ALEPPO– The people of Aleppo city are continuing their efforts to restore luster to the capital of Syrian industry less than a year after Aleppo’s Old City was cleansed of terrorists.

According to SANA, thousands of people flocked on Friday to the “Mahabet Watan” (Love of a Homeland) festival which is being held in Khan al-Jumrok in Aleppo as part of the project to revive the city’s old souqs (traditional marketplaces).

The sight of the crowds of enthusiastic participants in the festival, whose numbers exceeded expectations, brings back to mind the bustle and activity that these souqs used to witness before they were targeted by terrorists.

FAO Food Price Index Eases in October

 Rome - Global food prices dipped in October, led lower by dairy products, averaging 27 percent below its all-time high reached in early 2011.

 The FAO Food Price Index averaged 176.4 points for the month of October, down 1.3 percent from September while still up 2.5 percent from a year earlier.

 The FAO Food Price Index is a measure of the monthly change in international prices of a basket of food commodities.The FAO Dairy Price Index declined 4.2 percent during the month, marking its first drop since May.

 International quotations for butter and whole milk powder eased in October, as importers held back on purchases awaiting new supplies from Oceania, while low demand and ample intervention stocks in the EU pushed skim milk powder prices down.

Syria- Belarus to Deepen Cooperation Relations

Damascus, (ST) - Speaker of the People's Assembly Hammouda Sabbagh said that Syria looks forward to further cooperation and coordination in various fields between Syria and the Republic of Belarus.

During his meeting on Thursday with the Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus in Damascus Alexander Ponomarev, Mr. Sabbagh pointed to the importance of cooperation between the two countries and of deepening relations between the Syrian People's Assembly and the Belarusian Parliament.

Second Credit Line Will be Activated Between Syria and Iran

TEHRAN, (ST) –The Minister of Electricity Mohamed Zuhair kharbotli, during a meeting with Iran's First Vice President Advisor Sa’eed Aouhadi, who is Chief of the Iranian-Syrian Economic Relations Committee, confirmed here on Monday that the first credit line between Syria and Iran helped supply and implement many projects in Syria.

During the meeting, Eng. Kharbotli expressed his hope to accelerate the activation of the second credit line to benefit in the implementation of many other strategic projects.