The economic policies of Syria have a significant bearing on Damascus trade and industry. The trade shows organized in the country is an index of the development that has taken place in this particular sector.
Damascus trade and industry is significantly influenced by Syria's economic policies. Syria has concluded several free trade agreements with a number of countries including Iran and Turkey. Another free trade agreement supposed to be effective from 2010 has been agreed upon by the country by virtue of the Association of Agreement signed with the EU.
Damascus Industries
Industry in Damascus has developed to a great extent on account of the introduction of several economic reforms which have provided for the increased involvement of indigenous and foreign private sector industries. The various industries in the region comprise of electricity and water, metal and metal products, oil refining, textile, foodstuff and paper industry.
The economic policy of Syria has made way for the private sector to make an impact on the industrial sector.The private sector has made its foray into sections of the industry that were earlier predominated by the state. Some of these include batteries, cement and sugar industry. Syria industrial developmental plans also include the expansion of its cement industries. The country has entered into an agreement with China to establish a black cement factory near Damascus. The estimated cost of the project is supposed to come to around US $ 200 million.
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Since the early stages of Syrian history, Damascus has been the center of dried fruits and wine and food industry is a thriving sector in this city. Sugar, dried fruits, chocolates, sweets, macaroni, ice-cream and various other food products are processed on a large scale in Damascus. There are several large food processing plants in Damascus. Al-Rabei Company for Food Appetizer is one such company that is involved in the processing of ketchup, salad dressings and health drinks. Al-Salam Mills is one of the largest producers of spices in Syria. Bon Journo is engaged in the production of milk, cheese and juice.
The leading trade companies in Damascus are Al-Ghayeth, Al-Jabi, Al-Kayyal, Al-Waha and ATC Interlink.
Trade shows in Damascus
The trade shows in Damascus are an index of the country's development with respect to the various trades. The trade shows that are organized give them the chance to showcase their novel products to the trading community. Some of the trade shows to be held in the 2008 calendar year are:
- Syrian International Environment Exhibition slated between 7th April 2008 to 10th April
- Damascus Leather Fashion Activities or the DLFA scheduled to held between 6th March 2008 to 9th March 2008
- Academia Syria, slated to be held between 12th April to 14th April 2008
- Buildex Syria scheduled to be held between 12th May 2008 to 16th May 2008
- Healthcare Expo-Damascus to be held between 16th April 2008 to 19th April 2008
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