Head of Syrian Chambers of Commerce Union discusses mechanisms to enhance cooperation with Gulf Cooperation Council chambers
July 2, 202520 ViewsRead Time: 3 minutes
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Head of Syrian Chambers of Commerce Union Alaa Omar Al-Ali and President of Damascus Chamber of Commerce Engineer Issam Al-Ghreiwati, on Wednesday, discussed with the Secretary-General of the Gulf Cooperation Council Chambers Union Saleh bin Hamad Al-Sharqi the ways of common cooperation, and mechanisms to enhance and develop it in various economic and commercial fields.
The Secretary-General of the Gulf Cooperation Council Chambers Union expressed during the meeting held via Zoom application his hope that Syria will be seen as a giving country among advanced nations, emphasizing the Gulf countries' keenness to enter the Syrian market, and the importance of having Syrian expertise in the Gulf countries permanently through conducting joint projects that benefit both sides.
The Secretary-General also emphasized the need to develop an action plan that includes holding upcoming meetings or a private sector forum between the two sides, whether in Damascus or one of the Gulf countries, to facilitate the exchange of experiences, and enhance cooperation and coordination among the different parties.
In turn, the Head of the Chambers of Commerce Union explained that the government has started to change laws and identify the necessary reforms to revive the economy and determine the most important sectors for reconstruction and development, following the fall of the former regime that controlled most economic activities in the country.
He also confirmed that the role of the private sector has been activated, investments have been attracted, focus has been placed on productive sectors, and suitable mechanisms have been established to stimulate economic development, improve the business environment, attract more investments, noting that Syria now has a free market economy, based on principles and regulations to ensure the interests of the Syrian people while considering the country's position in the international community.
He emphasized the importance of Gulf investors visiting Syria and reviewing the proposed projects for investment, pointing out that Syria has promising investment opportunities in most sectors, and has become a safe, stable, and fertile environment for investors, especially after the lifting of American and European sanctions.
Engineer Issam Al-Ghreiwati also noted that Syria is steadily moving towards economic transformation and opening up to investments, as the Syrian economy now relies on free market principles, confirming that investment opportunities in the country are available in various sectors; from health and education, to banks, hotels, energy, and infrastructure, and that the Damascus Chamber of Commerce has begun to regain its charm and prestigious history after years of marginalization and control.
The Secretary-General of the Gulf Cooperation Council Chambers Union expressed during the meeting held via Zoom application his hope that Syria will be seen as a giving country among advanced nations, emphasizing the Gulf countries' keenness to enter the Syrian market, and the importance of having Syrian expertise in the Gulf countries permanently through conducting joint projects that benefit both sides.
The Secretary-General also emphasized the need to develop an action plan that includes holding upcoming meetings or a private sector forum between the two sides, whether in Damascus or one of the Gulf countries, to facilitate the exchange of experiences, and enhance cooperation and coordination among the different parties.
In turn, the Head of the Chambers of Commerce Union explained that the government has started to change laws and identify the necessary reforms to revive the economy and determine the most important sectors for reconstruction and development, following the fall of the former regime that controlled most economic activities in the country.
He also confirmed that the role of the private sector has been activated, investments have been attracted, focus has been placed on productive sectors, and suitable mechanisms have been established to stimulate economic development, improve the business environment, attract more investments, noting that Syria now has a free market economy, based on principles and regulations to ensure the interests of the Syrian people while considering the country's position in the international community.
He emphasized the importance of Gulf investors visiting Syria and reviewing the proposed projects for investment, pointing out that Syria has promising investment opportunities in most sectors, and has become a safe, stable, and fertile environment for investors, especially after the lifting of American and European sanctions.
Engineer Issam Al-Ghreiwati also noted that Syria is steadily moving towards economic transformation and opening up to investments, as the Syrian economy now relies on free market principles, confirming that investment opportunities in the country are available in various sectors; from health and education, to banks, hotels, energy, and infrastructure, and that the Damascus Chamber of Commerce has begun to regain its charm and prestigious history after years of marginalization and control.
