BEIRUT, LEBANON (5:00 P.M.) – The Russian Federation has invited its partners in the BRICS coalition to invest in post-war Syria, as the country begins its massive reconstruction process.
“According to Syrian estimates, losses in the real sector of the economy topped $75 billion,” Syrian Ambassador to Russia, Alexander Kinshchak., told TASS news agency on Monday.
“UN experts believe that it will take nearly $200 billion to achieve the pre-crisis GDP growth rate,” he continued.
“We are aware that the Syrian government will find it difficult to obtain a huge amount of money required for the post-crisis recovery,” Kinshchak explained.
“Therefore, Russia suggested that the international community, first of all, the nations friendly to Syria, should join efforts in order to work out a complex program for its revival,” he added.