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Tom Joyce



Thursday 2nd February 2017, 14:39 London

Syria works toward Russia deal

Syria and Russia are set to forge closer trade ties, facilitating payments and establishing air services between the port of Tartus and Russia

Syria works toward Russia deal

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The Syrian administration has signed an agreement with Russia for effective cooperation in energy, irrigation, agriculture, industry, transport, oil and trade, reports Sputnik News.

According to the Syrian ministry of economy, these deals will help create favourable conditions for producers with tax authorities, customs and banks, while facilitating payments.

The agreement will also see the organisation of local and international exhibitions. 

Syrian exports to Russia will include vegetables, fruit and textiles, with oil products, chemicals and fertilisers heading in the opposite direction.

Syria’s ministry of economy announced that it would facilitate trade by opening up direct banking channels with Russia.

According to the report, air services will be established between Syria’s Mediterranean port of Tartus, where Russia has boasted a naval facility since 1971, and ports in Russia.

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