Syrian-Russian business forum held in Moscow to boost trade relations
The Russian-Syrian Business Forum was held a few days ago in Moscow to discuss reconstruction, economic and trade relations between the two countries, as well as the prospects for cooperation.
The forum took place at the Russian Chamber of Commerce and Industry with the participation of 281 entrepreneurs from Russia and 120 from Syria, as well as representatives from several Syrian government agencies concerned with economic affairs.
The Forum also featured a round table to discuss issues related to trade and economic cooperation and projects in Syria, particularly those related to reconstruction.
The Executive Director of the Russian-Syrian Business Council, Louay Youssef, said to be hopeful that the forum would contribute to increasing the volume of trade exchange between the two countries, as quoted by the Russian news channel Russia Today.
He added that the round table focused on five areas: industry, transportation, construction, agriculture, energy and tourism. He also mentioned the privileges granted by the Syrian government to Russian investors.
On the obstacles facing trade relations between Russia and Syria, Ahmed Orfali, Honorary Representative of the Russian Chamber of Commerce in Syria, said that shipping is the most important hurdle to the development of trade between the two countries.
Orfali pointed out that Syria's lack of facilities for the packaging of agricultural products negatively affects Syrian citrus exports to the Russian market, stressing that work is underway to overcome this issue.
Publication date: 2/27/2018
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