Damascus, SANA – Director-General of the Syrian Export Development and Promotion Agency (EDPA) Ehab Esmandar said that Syria’s exports of intermediate goods have increased in 2014, amounting to 71.5% of total exports.

In a statement to SANA, Esmandar said that 69% of Syrian exports went to the Arab countries, particularly Egypt, Jordan, and Lebanon, while the share of EU countries from total Syrian exports reached 9%, marking a 70% decline in comparison to 2010 due to the unjust economic sanctions imposed since 2012 on the Syrian goods, especially oil exports.

According to EDPA data, Syria’s imports from Arab countries reached 22%, growing by 61.8% in comparison to 2010, while the share of imports from Europe in total Syrian imports has dropped to 12% in 2014.

96.5% of Syria’s total imports came from its major trading partners, on top of which is China (11.8%), followed by Lebanon (8.9%), then South Korea, Ukraine and Egypt. In 2014, Syria’s imports from Turkey decreased by 18% compared to 2010.

Esmandar stressed the need for reconsidering trade agreements in order to set up appropriate policies to support local products and enhance the gross domestic product (GDP).

He said that the trade agreement with Turkey was suspended, and that there are negotiations with the customs union of Belarus, Kazakhstan, and Russia, as well as a number of countries whose markets have high demand for Syrian exports, to promote Syrian products.

The EDPA facilitated the participation of several Syrian companies in foreign exhibitions and fairs such as SYRIAMODA Fair held in Beirut, Gulfood Exhibition in the Dubai World Trade Center, International Flower Fair in Baghdad, and WorldFood Moscow 2014.

ALSO READ  North Korea is preparing to unveil new strategic weapon: Yonhap

Esmandar said that the five-year plan for 2010–2015 on developing exports was set up and approved by the Higher Council for Exports. The plan provides for subsidizing a number of Syrian export products such as clothes, food products, and olive oil.

Share this article:
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

RELATED ARTICLESMORE FROM AUTHOR

Notice: All comments represent the view of the commenter and not necessarily the views of AMN.

All comments that are not spam or wholly inappropriate are approved, we do not sort out opinions or points of view that are different from ours.

Be Civil

This is a Civilized Place for Public Discussion

Please treat this discussion with the same respect you would a public park. We, too, are a shared community resource — a place to share skills, knowledge and interests through ongoing conversation.

These are not hard and fast rules, merely guidelines to aid the human judgment of our community and keep this a clean and well-lighted place for civilized public discourse.

Make it better

Improve the Discussion

Help us make this a great place for discussion by always working to improve the discussion in some way, however small. If you are not sure your post adds to the conversation, think over what you want to say and try again later.

The topics discussed here matter to us, and we want you to act as if they matter to you, too. Be respectful of the topics and the people discussing them, even if you disagree with some of what is being said.

Now the hard part!

Be Agreeable, Even When You Disagree

You may wish to respond to something by disagreeing with it. That’s fine. But remember to criticize ideas, not people. Please avoid:

  • Name-calling
  • Ad hominem attacks
  • Responding to a post’s tone instead of its actual content
  • Knee-jerk contradiction

Instead, provide reasoned counter-arguments that improve the conversation.