Damascus, June 10, 2006
The former German Chancellor Gerhard Schroeder has described the Syrian economy as a promising one in his speech at the opening of the Second Syrian-Emirati Economic Forum in Damascus yesterday.
He also said that the Syrian economy is taking continuous steps towards integration in the world economy.
Sheikh Tarek bin Faysal Al Qasimi, head of Economic development department in Sharjah, stressed in his remarks that oil has contributed in developing economies in the emirates as well as infrastructure development.
Sheikh Al Qasimi stressed that economic growth rate ranges between 1 - 18 per cent especially in tourism, industry, education sectors.
Abdullah Dardari, Syrian deputy prime minister for economic affairs, said: " I cannot imagine investments in Syria without the presence of Emarati investors as well as the presence of Syria's traditional friends in Europe, especially Germany."
Dardari said that Syria's GDP growth rate had reached more than 4.5 per cent due to the stress on macro development in its economic policies.
Dardari said the government's role should be always present to create job opportunities or preparing an economic environment that would indirectly contribute to creating job opportunities, transparent working mechanisms and continuous legislative development that is compatible to modernisation and integration in world economy.-TradeArabia News Service
