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Shafaq News- Damascus<\/p>\n
Syria and Iraq are seeking to double bilateral
\ntrade within the next two years, with expectations that commercial exchange
\ncould surpass pre-war levels before the end of 2027, a senior Syrian economic
\nadviser at Syria\u2019s Ministry of Economy told Shafaq News on Friday.<\/p>\n
Osama Al-Qadi explained that the move reflects He also described the Iraqi market as an attractive opportunity for Syrian Iraq\u2019s main crossings with Syria \u2014including Al-Yarubiyah<\/a>-Rabia, Al-Bukamal, According to Al-Qadi, Syrian products remain competitive in Iraq due to He also pointed to the importance of organizing industrial exhibitions in
\ngrowing interest<\/a> from both countries in reviving trade ties after years of
\ndecline. Trade exchange between the two neighbors reached around $2.2 billion
\nin 2010 before falling sharply in recent years to nearly $62 million.<\/p>\n
\nmanufacturers, adding that \u201cIraq\u2019s economy is estimated at around $250 billion
\nand shares a 605-kilometer land border with Syria.\u201d<\/p>\n
\nand Al-Qaim, alongside routes through the Jazira and Euphrates regions\u2014
\nrepresent a vital artery for trade exchange and access to a major consumer
\nmarket requiring a wide range of goods, including food, agricultural products,
\nmedicines, textiles, household electrical appliances, and transport and
\nlogistics services, he noted.<\/p>\n
\ntheir acceptable quality and geographic proximity, which lowers transportation costs<\/a>
\nand gives Syrian manufacturers a strong understanding of Iraqi consumer
\npreferences. He stressed the need to comply with Syrian quality and standards
\nregulations to preserve the reputation of local products in the Iraqi market,
\nwhile also calling for easier payment and money transfer procedures, as well as
\nsimplified customs and truck transit measures in coordination with the Iraqi
\ngovernment.<\/p>\n
\nmajor Iraqi cities, including Baghdad, Mosul, and Erbil, to promote Syrian
\nproducts and encourage joint investment opportunities.<\/p>\n