... Russia’s gold exports to the Emirates in 2022 totaled 75.7 tons or $4.3 billion.
Another important factor shaping the Middle East’s approach to international relations is Turkey’s foreign policy. Particularly important, is Turkey’s position on Syria prior to the presidential elections in May 2023, and the new aspects it has now acquired following the victory of incumbent President Recep Tayyip Erdogan. Judging by the leadership’s recent steps, Turkey wants to maintain continuity with its ...
It is time for Moscow to decide on an algorithm for providing 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 ...
... restrictive measures not only create difficulties, but also form prerequisites for mobilizing Syria’s internal resources and expanding Russia’s economic presence
On June 17... ...
Initially, Syrian experts thought that the country’s marginalization in the global economy would make it less vulnerable to the pandemic. The authorities established a... ... favour. Last year, he was rumoured to have been placed under house arrest for his refusal to donate the bulk of his 5-billion-dollar fortune to advance the Syrian President’s...
... eclipsed the armed conflicts in the Middle East, which drop off and flare up from time to time. The temporary disappearance of Syria from front page news and new Russia-Turkey agreements on a ceasefire in Idlib are far from comforting. This is merely a ... ....
The economic challenges now faced by Syria are even more serious than during the active phase of hostilities. It is in the economy that a web of old and new problems has emerged, and this is not just due to the catastrophic destruction during the war ...
Russia should not necessarily wait for the Europeans to join its rebuilding efforts
As the United States eyes
new sanctions
on Syria, Russia increasingly finds it needs to work out solutions that would nonetheless push forward the post-conflict reconstruction ... ... predictable player. While ultimately under Assad Jr. Syria embarked on the capitalist path, the progress toward the reformed economy was uneven. Many things were also backsliding under the influence from outside, of which the US invasion of Iraq became ...
... targeting Islamic State (ISIS). The popular perception however, in Europe as well as in the USA, looked more positive. Does it mean there’s room for greater future cooperation... ... Western governments was the definition of ‘terrorist organizations’ in Syria. The West insisted that most of opposition groups fighting against Damascus constituted... ... countries and Russia?
A.K.:
The sanctions did have a serious negative impact on the Russian economy. However, they failed to change the Russian position in Ukraine or to erode...