Syrian and UAE ministers discuss reconstruction

UAE first Gulf nation to resume investment in Damascus

04 October, 16:05

    BEIRUT - Syria's trade and economy minister Muhammad Khalil has met with his UAE counterpart Abdullah bin Tawq al-Marri in Dubai on the sidelines of events linked to Expo2020.

    Reports were from the Syrian government news agency SANA, which noted that the ministers had discussed bilateral trade issues.

    In 2019, the UAE became the first Arab country to resume investing in Syria after a lengthy absence due to the conflict that began in 2011 and continues in some areas of the country.

    Alongside Saudi Arabia, the Abu Dhabi government had initially backed Syrian opposition-in-exile factions.

    However, over the years it returned to talking to the government in Damascus under President Bashar al-Assad, who is supported by Iran and Russia.

    In December 2018, Abu Dhabi reopened its embassy in Damascus.

    Some analysts say that others in the region are likely to follow in its footsteps.

    Syrian minister Khalil, SANA reported, illustrated the details of the Syrian investment laws to his UAE counterpart, claiming that they "create an investment climate suitable for the recovery and reconstruction phase" of the country, which has just suffered a decade of war.

    The UAE minister reiterated UAE's interest in providing support for reconstruction in Syria and in so doing "transfer the UAE's successful experience in the economic sector".

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