Syrian Finance Minister Discusses Prospects for Economic Partnership with Turkish Delegation
By Kardo Roj
DAMASCUS, Syria (North Press) – Syria’s Minister of Finance, Mohammad Yasar Barniya, revealed on Wednesday details of a high-level meeting held with a Turkish delegation led by the country’s Minister of Trade, during a visit to the Ministry of Finance in Damascus.
Speaking exclusively to North Press, Barniya emphasized the importance of increased bilateral engagements between Syrian and Turkish business communities, particularly in the fields of tourism, finance, and investment. The talks come as part of what both sides described as an initial step toward long-term economic cooperation.
Barniya expressed optimism about Syria’s future, saying that the country’s reintegration into regional and global economic systems, particularly through its ties with Turkey, would be central to any recovery plan.
“There is a need for specialized partnerships,” he said, “and this must involve a dynamic collaboration between the private sectors of both Syria and Turkey.”
He added that the Syrian government is working to promote a business-friendly environment, encouraging domestic and foreign investment through legal and institutional reforms.
Barniya emphasized that the emerging economic model in Syria places private enterprise at the forefront, moving away from outdated centralized approaches. “We’re looking at a Syria where the private sector leads growth, not competes with the state,” he stated.
He also pointed to Turkey’s economic development as a potential model. “We aim to benefit from Turkey’s experience, but with a full understanding of the specific needs and challenges facing Syria,” he added.
Among the priorities highlighted were the reform of Syria’s judiciary to create a more transparent and secure environment for investors, the modernization of banking and payment systems, and the easing of sanctions on the country’s financial sector.
“There is a serious effort underway to improve legal guarantees and the rule of law to protect capital and foster a safer climate for business,” he said.
The Turkish Minister of Trade, whose name was not disclosed in the initial report, affirmed Ankara’s willingness to contribute to Syria’s economic revival. “Turkey recognizes the hardship Syria has endured over the past thirteen years,” he stated. “We are ready to work alongside Syria to improve economic conditions and promote stability.”
This visit comes amid shifting regional dynamics, where economic pragmatism increasingly shapes diplomatic outreach. While formal political normalization between Ankara and Damascus remains complex, trade and investment appear to be emerging as common ground.
The meeting underscores a growing trend of regional actors exploring post-conflict economic collaboration despite political differences. As Syria attempts to rebuild its institutions and infrastructure, partnerships that enhance local resilience and cross-border cooperation may prove pivotal.
For now, both Damascus and Ankara appear to be testing the waters through economic dialogue—a move that could pave the way for deeper engagements in the future.