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PM: Syria's economy is immune

DAMASCUS,(ST)_Drawing up policies and strategies requires integration and cooperation between executive and legislative authorities , Prime Minister said on Wednesday.

Dr.Wael al-Halqi asserted that this integration is also significant to issue necessary laws related to meet citizens' basic needs and improve all services and development sectors to achieve sustainable and comprehensive development among all Syrian provinces.

The remark was made during a meeting with MPs representing Damascus countryside province.

According to SANA ,the meeting dealt with services and development projects in the province and demands to compensate the affected people as well as agricultural production requirements.

Dr. al-Halqi asserted that Syria's economy is able to confront challenges and unjust sanctions imposed on it, pointing out the government's great efforts  being exerted to provide food stuff and oil derivatives to citizens and improve performance of all sectors, particularly the agricultural production.

He praised the MPs positive role in unmasking conspiracy that aims to destabilize Syria and destroy its economy and infrastructure with the support of Arab, regional and western countries.

The PM hailed the armed forces' achievements against the foreign-backed terrorist groups, stressing that Syria will come out victorious and security will be restored to it.

For their parts, the MPs expressed keenness to achieve security and stability, reiterating their rejection to all forms of extremism and violence.

They stressed adherence to their national principles, hailing the sacrifices of the Syrian army to defeat the conspiracy.

PM meets Iran's Ambassador

On the other hand, the premier held talks with Iran's ambassador in Damascus, Mohammad Reza Shibani.

SANA reported that talks focused on means of enhancing economic, trade and industrial ties between the two countries to include various fields, particularly oil, electricity, health and agriculture.

The talks also dealt with the strategic relations between the two friendly countries and the current political developments.

The Premier noted that Syria's enemies are betting on the collapse of the national economy after the military failure of the armed terrorist groups.

The Iranian Ambassador, stressed his country's support to Syria, saying: "the two countries are able to face the challenges and defeat the enemy.

He cited the National Dialogue Forum recently held in Tehran, describing it as 'successful' as all sides called for preserving the national unity and reconciliation and rejected foreign interference in Syria's internal affairs.

B. Qaddour

Boosting Trade, Economic Ties to Encounter Sanctions, says Iranian Vice President

TEHRAN, (ST)-Iranian Vice President for the International Affairs Ali Saeedlou affirmed the importance and strategic relations between Syria and Iran, and the need for boosting them in the trade and economic fields to face challenges and unfair economic sanctions imposed on the Syrian people.
Lou's remarks came after meeting Subhi al-Abdullah ,the Syrian Minister of Agriculture on Tuesday.

"We are confident the Syrian government and people would overcome this fierce attack.. all cooperation agreements between both countries are under implementation and we will observe positive outcomes soon," the Iranian senior official said.
He condemned acts of terrorism and crimes perpetrated by the armed terrorist groups under the pretexts of democracy and freedom, saying " freedom and democracy won't come through violence and sabotage."
for his part, Minister al-Abdullah said that the agrarian sector was targeted by the armed groups in order to affect the livelihood of the Syrian people.
In a similar meeting with the Syrian delegation, Saeed Jalili, Secretary of the Iranian Higher Council for the National Security renewed his country's support with all its capabilities to Syria, as leadership and people, in the face of the US-backed Zionist plots aiming at striking resistance and looting the region's resources.

Earlier, Minister of Agriculture held session of talks with his Iranian counterpart, Sadeq Khalilian, dealing with the need for boosting cooperation in the fields of fertilizers, olive oil, citrus and others.
Minister al-Abdullah said that there is a surplus in the production of citrus, olives and olive oils and they could be exported to the Iranian market.


licensed banks have more free access in dealing with hard currency




 DAMASCUS, (ST)- According to the package of measures issued by the Central Bank of Syria to control prices, the central bank  issued  the resolution No. 1555, which allows licensed banks more free access in dealing  with hard currency.

 The Resolution provides the selling of hard currency to importers in accordance with the announced exchange rate by the bank. The sold hard currency shouldn't exceed the exchange rates issued by the central Bank for purposes of intervention in order to enable them to prepay the value of the needed imported goods.

 The bank's decision implies that importers must offer their request to the bank accompanied by import license.

 The resolution stipulates that importers should bring the original imported copies and customer's bills which prove that the goods are to be used for domestic consumption.

 The decision was issued to facilitate the work of traders and industrialists importers especially under the current circumstances, Dr. Adeeb Mayala Governor of the Central Bank of Syria underscored.


H. Shamout





CBS: USD against SYP 70, 68. Euro at SYP 92,51

Damascus ,(ST) - The Central Bank of Syria (CBS) set the price of USD $ against SYP at 71,28 for selling and 70,68 for purchase.

According to the CBC Bulletin Of foreign currency exchange rate, the CBS set the price of Euro at 92,51 for purchase and 93,16 for selling rising 0,22 for selling and purchasing.

The CBS set the price of hard currency for market dealing for USD $ at 70,68 for purchase and at 71,28 for selling while the price of Euro reached at 92,51 for purchase and at 93,16 for selling.

Nada Haj Khidr

Syrian Electricity Sector Defies Terrorism

DAMASCUS, (ST)_ Hardly a day goes by without  terrorist attacks against  electricity networks and supply lines of fuel stations , leaving the   electricity sector on top  of the list of key sectors vulnerable to  terrorists ‘ acts of sabotage and destruction.

“Costs of  damages against the electricity sector is estimated at 12 billion Syrian pounds. A sum  enough to illuminate all newly built villages in Syria  for three years”, said the Minister of Electricity Imad Khamis, who added  that some 2500 damaged electricity transformers, more than 12, 000 lighting pillars and more than 1000 tons of bare transmission lines were replaced..
Terrorists attacks are not limited  to the destruction of electricity networks, but to  stealing power transmission lines after cutting them , as (82) lines , main providers of  energy in Syria were damaged or stolen , with other 30 lines became inactive, as power transformers were stolen , and sold by terrorists   just for peanuts.  
Terrorist  acts are not the only reason  for the ill performance of the electricity sector in Syria, rather , the unfair economic sanctions imposed on the Syrian people have grave impact on aggregating the electricity crisis in the country depriving this vital sector from the ability to expand and be efficient.

Simultaneously, the sanctions were, but an incentive to reveal the hidden asset  in electricity workers and a challenge  for withstanding adverse  conditions and  overcoming work problems .
Workers in the electricity sector  spare no efforts  to re-operate stalled  electrical transformers since  years ago and  to rehabilitate electricity cables, counters, light poles and to ensure the availability of  spare parts , in the course of their relentless efforts  to meet electrical demands and withstand the sanctions.
Observers believe that terrorist groups attacks against services sectors in Syria, especially the electricity sector falls  in the context of perpetuated schemes to eliminate Syria  and undermine  citizens daily  needs, from a loaf of bread up to the industrial , agricultural, and developmental sectors  .

However, other observers consider terrorist attacks as an integral part of the evil  scheme aiming at undermining  Syria’s political, economic  and developmental successes, which all contributed  to the overall building the country in all walks of life.
Despite the ongoing attacks and violations over (20) months under the crisis in Syria, the electricity sector in Syria is still good compared with countries in the region. Workers in this sector  continue to sacrifice themselves for a noble goal to serve the home land with  50  electricity workers killed  by terrorists while on duty.

Syria Times