Date: 5 months ago   Category: Economy

Syria can again try to enter EEU — Rambler News Service


The government of Syria can make a new attempt to enter into the Eurasian Economic Union (EEU), but time therefore Damascus considers the possibility to provide trade preferences to some countries of EEU, in particular, of Russia for this purpose is required. The Minister of Economics of Syria Samer al-Khalil has told about it in an interview to Izvestia. "In due time, when we submitted the application for the accession to EEU, it was opposed by one of members of association who was afraid of the competition to the Syrian goods. For the introduction in the Euroasian association it is necessary to conclude at first customs agreements, to settle the legislation in this sphere, to receive the consent of all member countries. Opening of the free trade zone in this plan is easier, but besides — in the presence of consensus. Therefore we consider the possibility to open the mode of trade preferences with the certain countries, with Russia, for example. The economy of Syria promptly develops, and, perhaps, we still will bring up a question of the accession to EEU in the near future" — I have told al-Khalil. The Syrian minister has added that on recovery of the Syrian economy to pre-war level not less than 10 years can leave. "For a start it is necessary to measure all that damage which to us was brought by war with terrorism. Upon termination of the conflict we will have to count all losses and only then we will be able soberly to estimate how many it is required time and means for a complete recovery of the country. According to the most conservative estimates, at the present level of growth of economic indicators on recovery of the Syrian economy to pre-war level can leave up to 10 years, it isn't less" — I have added al-Khalil.

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