Search: Syria,Economy (13 materials)


Presentation of the Book on Modern Economic Legislation of the Arab Countries at the SHPL

... Senior Researcher at the Center for Arab and Islamic Studies of the Institute of Oriental Studies of the RAS On May 12, 2022, there was a presentation of the book dedicated to the modern economic legislation of the Arab countries on the example of Syria. The event was held at the State Historic Public Library of Russia (SHPL). The book was presented by Igor Matveev, the author of the book, Senior Researcher at the Center for Arab and Islamic Studies of the Institute of Oriental Studies of the RAS....


Pandemic Amid an Economic Crisis: Challenges for Syria

... economic aid to Damascus The ninth year of internal armed conflict has brought new challenges to Syria. According to data from the United Nations Economic and Social Commission for Western Asia published on September 23, 2020, the damage done to the Syrian economy by the end of 2019 exceeded USD 442 bn. Still, under sanctions and with no international consensus on how to finance recovery, the country has not only failed to overcome the acute economic crisis but has also been hit by the negative consequences ...


The Caesar Act: A New Challenge for Syria?

... Syria, moot. The potential of Abkhazia and Crimea, which have already been hit by sanctions, to act as intermediaries is objectively increasing. For instance, the Agreement between the Council of Ministers of the Republic of Crimea and the Ministry of Economy and Foreign Trade of the Syrian Arab Republic on Trade and Economic Cooperation as part of plans to create a joint trading house to export grain and industrial products to Syria with payments to be made in roubles, and the Agreement on Cooperation between the Government of the ...


War, the Economy and Politics in Syria: Broken Links

... military pressure on Iran, secure supplies can only be provided with the liberation of oil fields in the east or the replacement of Iranian oil with Russian oil. In the meantime, Russian companies are also threatened by the US’ secondary sanctions. The Syrian economy took a big hit by the financial crisis in Lebanon, whose banking sector had always opened a window to the outside world for Syria. About a quarter of deposits in Lebanese banks belong to Syrian business, including government-related companies....


Deepening Russia-Turkey Relations

Report No. 41/2019 This report is the result of a collaborative study performed by the RIAC and the Center for Strategic Research (SAM) of the Ministry of Foreign Affairs of the Republic of Turkey. SAM publishes academic journal “Perceptions: Journal of International Affairs” (Turkey), an English language journal on foreign affairs. The materials included in this report were initially published in a special issue of PERCEPTIONS . The paper presents the views of Russian and Turkish experts in the...


Can Russia Plug Through US Sanctions to Reconstruct Syria?

... ships transporting Iranian petroleum under the sanctions. The challenge is further aggravated by the sanctions that Russia itself faces and even more so those that Iran has come to experience. All of this contributes to the continuing crippling of the Syrian economy. Against this background, Russia could step up as an oil supplier to Syria, yet its companies, including state-owned corporations, observe the sanctions’ regime and feel reluctant risking any violations for the sake of Syria. The associated ...


Squaring the Circle: Russian and European Views on Syrian Reconstruction

... community. Moscow also believes that Al-Assad will not cooperate with Europe until at least some sanctions are lifted. Russians and Europeans have to engage in a more specific discussion about the impact of international sanctions on various sectors of the Syrian economy, the political dynamics in Damascus, and what the notion of “smart sanctions” might mean in the case of Syria. Fifth. Europe does not want to extend international recognition or legitimation to the Al-Assad regime. For many in Europe, Syria ...


Jordan between the Hammer of Economic Hardships and the Anvil of the “Deal of the Century”

... loss was not just eco-nomic, but has also implicated political sovereignty: any country which loses control over its sources of return loses political power and influence internally, regionally and internationally. After Jordan closed its border with Syria, Jordan faced a real threat with the rising unemployment rate and international pressure on the government and the people to accept new terms and conditions to harbor refugees from Iraq, Syria, Palestine, and other countries. This huge demographic ...


Russian Policy in the Middle East: Dividends and Costs of the Big Game

RIAC Working Paper No. 51/2019 RIAC Working Paper No. 51/2019 The working paper considers Russia’s geostrategic interests in the Middle East and the concept of Russia’s return to the world stage as a great power. The paper analyses Russia’s regional interests, including the development of trade ties, attracting investment, gaining access to the arms market and influencing oil prices. The working paper also evaluates the increased collaboration with the local actors accompanied by Russia’s active...


Who Will Rebuild Syria: Extremely Loud & Incredibly Close

... Foz , a leading Syrian businessman , known for his ruthlessness in conducting business. In fact, in 2013, Foz served a six month jail sentence for killing a Ukrainian/Egyptian businessman in Istanbul, Turkey. Foz is involved in multiple sectors of Syria’s economy, including brokering grain deals, and a stake in a regime-backed joint venture involved in the development of Marota City—a luxury residential and commercial development project. After several of Al-Assad’s former business allies found themselves ...


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    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
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