Syrian-European Complex to Develop Cooperation

(ST)- Ministry of Industry in cooperation with the Syrian -European Complex for Heavy Industries held  today at the headquarter of the ministry a lecture about the activities of the complex,  the areas of production and the prospects for cooperation between the two sides .

The complex, which takes from Hisya city as a headquarter, is producing turbines, assembling  of electric motors, cans of speed, oil rigs and hulls of giant structures,  furnaces of cement and large tanks of fuel, in addition to the supply of electrical and mechanical equipment and spare parts for all industrial sectors to all plants in the Middle East, in cooperation with dozens of factories in Europe and the world.

Sh. kh

Syrian Imports from Russia to Reach Between 15%- 40%

DAMASCUS, (ST)- Deputy Minister of Economy and Foreign Trade, Dr. Hayan Suleiman, said that figures of Syria's foreign trade with Russia, in particular imports, had risen recently.

"In the framework of the government's plan to activate relations towards east, a Syrian delegation representing the Ministry of Economy and Foreign Trade, Syrian Business Center and Export Centre visited Moscow recently and discussed with the Russian side means of activating economic relations, referring to the willingness of the Russians to develop these relations in the field of industry, commerce and even agriculture," Dr. Suleiman said.

"The Syrian- Russian Business Center will be one of the most important pillars of economic ties with Russia after the activation of the center latetly, indicating that the majority of its members from the private sector, which will provide the priorities of the Syrian needs imported from Russia, due to the important role being played by the private sector in providing these imports," Dr. Suleiman pointed out.

Concerning the proportion of the Syrian foreign trade with Russia, the Deputy Minister of Economy and Foreign Trade said that this percentage had increased significantly by doubling over the last period of up to 15%, after it was previously not more than 3- 4% just before the year 2010, expressing optimism that the ratio will rise to 40% by virtue of  the development of economic relations between the two countries.

"This development in economic cooperation is surely in the interest of Syria, taking into account that the general trend 'going east' is based on the transfer of all economic weight in the relations with the countries of the European Union to Russia, the BRICS group and the Organization of Economic Shanghai, due to the gravity of Russia in these economic blocs," Dr. Suleiman underlined.

Regarding the most Syrian imports from Russia currently include finished goods and industrial facilities as well as foodstuff, medical supplies and other, noting that the agreement with Russia provides for exporting fruits, vegetables and other of goods that Syria has a sufficiency of them.

"Syria  signed agreements in all fields, particularly in the area of banks and monetary, pointing to other agreements concluded with Russian banking institutions, in addition to the agreement on the establishment of a group of exhibitions," Dr. Suleiman commented.

Deputy Minister of Economy also revealed for a request from Syria to make a business center similar to the Syrian- Russian Business Center with Iran located in Damascus, and the line of credit, between Syria and Iran, is a new way of economic dealing.

"Some difficulties will encounter this credit line when dealing with it for the first time, taking into account the treatment of these difficulties, stressing that the establishment of this line in front of the private sector as it is available in front of the public sector would unite the Syrian economic sector to provide Syria's supplies of all goods and commodity, considering the credit line as a peculiar step in the development of economic relations between Syria and Iran.," Dr. Suleiman concluded.

Sharif al-Khatib

Putin, Singh give high marks to Russian-Indian trade-economic relations

Russian President Vladimir Putin has given high marks to Russian-Indian trade turnover, adding that it should be higher,according to Voice of Russia.

"We are developing active economic ties. We are happy not only about the amount of trade turnover, which, of course, can and should be higher, but the main thing is the quality of trade turnover, which is largely composed of products of a high added value," Putin said during a meeting with Indian Prime Minister Manmohan Singh on Monday.

Russia and India are actively working together in all spheres, including military-technical cooperation and defense, he said.

A joint anti-terrorist military training is now taking place in India, Putin said.

Both countries are actively working together in the sphere of politics in the UN, BRICS, etc., Putin noted.

Singh, in turn, gave high marks to the diversification of trade-economic relations between Russia and India.

"It's good that we have good and permanent progress in our relations in various spheres such as defense, energy, IT, and also tourism, trade, and investment. We have good cooperation in international forums, which is developing, such as BRICS, G20, and the Southeast Asia summit," Singh said, reiterating that the two countries have a "special, privileged strategic partnership".


Some 1.135 Mln. Tons of Citrus Production Expected

DAMASCUS, (ST) - Director of the Citrus Bureau at the Ministry of Agriculture and Agrarian Reform, eng. Suhail Hamdan, underlined that the expected production of citrus this year could exceed 1.135 million tons , which increases the production of the past year about 130 thousand tons .

The total citrus production for the last year season estimated at one million tons, 887 thousand tons in Lattakia, 205 thousand tons in Tartous and 12 thousand tons in the rest of the areas of Homs , Idlib, the Ghab Plain, Deir ez-Zour and Damascus.

Eng. Hamdan noted that more than 50 thousand families in Syria depend on the cultivation of citrus fruits as a source of income in addition to thousands of people who help them in various service operations and harvesting , transportation and marketing

"The economic importance of citrus, that their cultivation based in the coastal region mainly, constitutes about 53 percent of irrigated crops in Tartous and about 91 percent in Latakia, pointing out that Syrian citrus also is characterized by taste and distinctive smell as a result of climatic conditions available in the region," Eng. Hamdan clarified.

It is noteworthy that the number of trees planted in Syria amounts to 14 million including 8 million trees of orange, 5.2 million trees of lemon tree and the rest is of different sorts of citrus.

Sh. Kh.

Some 950.000 tons of olives production this Season


DAMASCUS, (ST)- The Director of the Olives Bureau at the Ministry of Agriculture and Agrarian Reform, Dr. Muhannad Malandi,  revealed about a plan that is currently studied especially the government support , which will be presented in the future for farmers , production  or production process requirements.

"Since the beginning of the year to present, some 20 thousand tons of olive oil were exported through the border crossings, pointing out that the estimates of the Ministry of Agriculture and Agrarian Reform of the country's production of olive fruit is about 950 thousand tons during the current agricultural season , of which 160 thousand tons of olive oil and 125 thousand tons of table olive," Dr. Malandi stated..

"The number of olive trees in Syria , according to the latest statistics, amounted to 107 million trees , including 82 million fruit trees planted on an estimated area of 700 thousand hectares, pointing out that the price of one kilo each gram of olive oil ranges nearly between 400 and 450 pounds," he added.

Dr. Malandi indicated to the need to regulate trade in oil and olives and dealing all the difficulties that face this sector and the establishment of competent associations in planting olive and the establishment of specialized workshops in pruning and grafting according to the technical and scientific bases, activating programs of biological control of olive fruit fly, paying attention to the sector of table olives manufacturing especially in the rural areas and the use of waste of pruning trees in the production of fodder for livestock.

It is noteworthy that Syria occupies the fourth place globally and the first Arab production, which is more than one million tons of fruits produces, 175 thousand tons of olive oil of the total area estimated at 696 thousand hectares and the average per capita consumption of olive oil in Syria varies annually between 5 and 6 kilos. Therefore there is a surplus of oil ranges annually between 40 and 50 tons. The Syrian extra virgin olive oil has international standards as it is free from chemical solvents and it is not mixed with other oils.

Hence, the importance of the Syrian olive comes from the fact that it contains a high percentage of oleic acid enjoys effectively relatively high against oxidation compared to other vegetable oils where studies indicated that the effect of poly-phenols in virgin olive oil on cancer cells is great and proved efficiency restraining the growth of breast cancer cells.

SH. Kh.