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- October 19, 202617°
- BIST10011,639-0.71%
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- INTEREST37.00%-1.00
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- October 19, 202617°
Syria establishes joint council to deepen economic ties with Azerbaijan
Syria’s Ministry of Economy and Industry established the Syrian side of the Syria-Azerbaijan Business Council on Sunday. Fahd Abdulaziz Musa was appointed chair, while Ahmed Mohammed Keyhya and Omar Adnan Sharm were appointed deputy chairs.
The Syrian side of the Syria-Azerbaijan Business Council has been established to develop economic relations between Syria and Azerbaijan. A decision issued by Syria’s Ministry of Economy and Industry on Sunday set out the council’s leadership and operating framework.
Council responsibilities announced
Fahd Abdulaziz Musa was appointed chair of the council, while Ahmed Mohammed Keyhya and Omar Adnan Sharm were appointed deputy chairs. Jihad Ahmed Mutuk was appointed secretary-general, and Abdurrahman Rais was appointed executive director.
Under the decision, the council will operate in line with the basic regulations governing joint Syrian business councils established with countries around the world. The Syria-Azerbaijan Business Council was designated as the sole council approved by the Ministry of Economy and Industry to represent Syria in relations with the Azerbaijani side.
The council will carry out its work in coordination with the relevant institutions and align with the country’s economic priorities through the Syrian business council system.
Baku visit leads to natural gas agreement
Syrian President Ahmed al-Sharaa made his first visit to Azerbaijan since taking office in mid-July and met with President Ilham Aliyev in Baku. The meeting addressed relations between the two countries in various areas, particularly economic cooperation.
During the visit, Syria’s Ministry of Energy and Azerbaijan’s state energy company SOCAR signed a memorandum of understanding providing for the supply of natural gas to Syria.
Following the fall of Bashar al-Assad’s government on December 8, 2024, the Syrian government has pursued improving relations with the international community and signing agreements and memorandums of understanding as part of its economic recovery policy.
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