A more open attitude to international trade is an increasingly important element of Syria’s economic strategy. The most obvious proof has been its commitment to participation in the Euro-Mediterranean Free Trade Project originally drawn up in Barcelona in 1995. In theory, this will open up a market of some 700 million consumers to Syrian exports. The downside is that it could open up Syria’s domestic market to a flood of imports that have traditionally been strictly controlled or subject to prohibitive import tariffs.
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