Prime Minister Meets with the Members of Economic Federations to Support Exports and Investment

Economy & Aftermath

Damascus- The five economic federations, “Trade, Industry, Tourism, Agriculture and Craftsmen”, attended on Thursday a meeting chaired by Prime Minister, Eng. Emad Khamis, as the main partners of the government in formulating policies and strategies related to economic development in light of Syria’s terrorist war, sanctions and economic siege.

The federations presented their vision in the field of financial and monetary policy, energy security and combating smuggling. It was emphasized to continue granting incentives, exemptions, loans and facilities, rehabilitation of the infrastructure of the affected industrial zones, supporting production and exports and completing the investment law.

The presidents of the federations were asked to develop a strategy to develop the work of the federations within their sectors, to conduct an evaluation of their work and to find more effective work bases for the next phase that enhances the culture of collective action and cooperation between the public and private sectors and contribute to overcoming difficulties in the implementation of national plans and priorities adopted to achieve development.

The ministries concerned were also entrusted with coordinating with the federations to develop a joint a work plan to support export, import, investment and production, to face the economic siege imposed against the Syrian people and to provide for the requirements of reconstruction. The Federation of Peasants and Chambers of Agriculture were also assigned to put a vision to develop the agricultural reality and forest resources and promote the horizontal spread of family farming.

The Prime Minister pointed out the importance of cooperation and joint action between all components of the national economy from the public and private sectors to meet the challenges of war and siege and to strengthen the steadfastness of the state and the citizen. He also indicated that the government is open to all partners from the private sector and continues to support exports, grant exemptions and loans and support the production process.

Sh. Kh.

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