{"id":122378,"date":"2025-02-22T16:06:11","date_gmt":"2025-02-22T16:06:11","guid":{"rendered":"https:\/\/npasyria.com\/en\/?p=122378"},"modified":"2025-02-22T16:06:12","modified_gmt":"2025-02-22T16:06:12","slug":"syrian-factories-at-risk-of-closure-as-turkish-goods-flood-damascus-markets","status":"publish","type":"post","link":"https:\/\/npasyria.com\/en\/122378\/","title":{"rendered":"&#8220;Syrian Factories at Risk of Closure&#8221; as Turkish Goods Flood Damascus Markets"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>By Norman Abbas<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>DAMASCUS, Syria (North Press)<\/strong> \u2013 More than a decade of war and economic crises has left Syria\u2019s local industries vulnerable, as an influx of smuggled Turkish goods threatens the survival of domestic manufacturers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Cheap and Expired Products<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Simon Anabi, a Damascus resident, told North Press that Syrian-made goods are known for their high quality compared to the cheaper Turkish imports, which are often expired or fail to meet quality standards.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis situation has destroyed our national industry, which once had a strong reputation,\u201d he said. The influx of substandard smuggled goods has placed increasing pressure on local factories, leading to unfair competition and endangering thousands of workers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Muhammad Zarif, another Damascus resident, emphasized the severe impact Turkish imports have had on Syria\u2019s industries. \u201cMany factories have shut down, and thousands of workers have lost their jobs,\u201d he said, pointing to the lack of effective market oversight as a major factor exacerbating the crisis.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Tariffs Hamper Industrial Growth<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Louay Nahlawi, Vice President of the Damascus and Rural Chamber of Industry, stated that competing with imported goods has become increasingly difficult. Many longstanding Syrian factories now face closure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nahlawi highlighted the struggles of Syrian manufacturers, including high electricity and fuel costs. Despite previous government pledges to reduce tariffs on raw materials, rising customs duties continue to hinder industrial growth. \u201cThe biggest challenge now is creating a supportive environment for local manufacturers,\u201d he said, calling for decisive government intervention.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, Syrian industrialist Atef Tayfour, who resides abroad, warned that the country\u2019s manufacturing sector is in grave danger. He told North Press that the declining exchange rate is an illusion, as production has plummeted by nearly 90%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe smuggled goods on the market pose the biggest threat to Syria\u2019s industry,\u201d he said, warning of a potential economic collapse if current conditions persist. \u201cIf we fail to regulate imports and support local production, we will face a catastrophe.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Following the fall of the Assad regime, Syria\u2019s new government announced a series of economic reforms, including allowing dollar transactions and reducing customs duties by 50-60%, according to the <em>Financial Times<\/em>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Minister of Internal Trade Maher Khalil al-Hassan previously told <em>SANA<\/em> that these reforms aim to \u201crevitalize the economy, sustain institutions, and serve citizens.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Norman Abbas DAMASCUS, Syria (North Press) \u2013 More than a decade of war and economic crises has left Syria\u2019s local industries vulnerable, as an influx of smuggled Turkish goods threatens the survival of domestic manufacturers. Cheap and Expired Products Simon Anabi, a Damascus resident, told North Press that Syrian-made goods are known for their [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":122379,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pgc_sgb_lightbox_settings":"","footnotes":""},"categories":[4,2],"tags":[],"class_list":["post-122378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-syria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>&quot;Syrian Factories at Risk of Closure&quot; as Turkish Goods Flood Damascus Markets<\/title>\n<meta name=\"description\" content=\"By Norman Abbas DAMASCUS, Syria (North Press) \u2013 More than a decade of war and economic crises has left Syria\u2019s local industries vulnerable, as an influx\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/npasyria.com\/en\/122378\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&quot;Syrian Factories at Risk of Closure&quot; 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