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Türkiye, Syria outline economic integration plans

The Turkish ambassador to Damascus, Nuh Yilmaz, described Türkiye as Syria’s gateway to global markets and Europe.

Yilmaz characterised Syria as a strategic logistics corridor connecting Türkiye to the Middle East and the Gulf region.

The ambassador advised investors to establish long-term partnerships rather than focusing solely on short-term trade.

He recommended the Aleppo-Idlib region as a primary investment area due to its stable energy supply and skilled workforce.

Yilmaz pointed out that security conditions in Syria improved significantly after the central government regained control of various territories.

Syria

Syria’s economy minister, Mohammad Nidal al-Shaar, also underscored the importance of cooperation with Türkiye, calling the country its “natural partner”.

“Türkiye is our natural partner. We view the relation in this regard”, said al-Shaar.

Noting that Damascus is drafting new regulations to support economic growth and reassessing laws related to trade, investment, banking and industry, al-Shaar urged Ankara and Damascus to become a common source of production.

“We are making efforts to establish sustainable, compatible and strong economic relations in Syria,” he said.

He added that modernising the banking sector remains one of the country’s top priorities.

Millions of Syrians living in Türkiye have become accustomed to its advanced banking system, he said.

“We share a common destiny with Türkiye,” he added.

He noted a significant revival in Syria’s industrial sector, saying that more than 15,000 factories had resumed operations in recent months, around 1,200 new production lines had been established, and hundreds of factories were still under construction.

Al-Shaar said Turkish businesspeople play an important role in industrial investments, particularly in the Hama region.

He praised Türkiye’s constructive role in supporting regional stability and said Syria is pleased with Ankara’s approach, expressing confidence that cooperation between the two countries will grow stronger.

“Syria is ready. Our country is your country too. Please come,” he said.

He added that opening border crossings and accelerating transit procedures are key to improving trade and facilitating movement between the two countries.

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