Syria's Economy Will Be Open for Foreign Investment, Foreign Minister Says

Syrian Foreign Minister Asaad Hassan al-Shibani. (X)
Syrian Foreign Minister Asaad Hassan al-Shibani. (X)
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Syria's Economy Will Be Open for Foreign Investment, Foreign Minister Says

Syrian Foreign Minister Asaad Hassan al-Shibani. (X)
Syrian Foreign Minister Asaad Hassan al-Shibani. (X)

Syrian Foreign Minister Asaad Hassan al-Shibani said on Wednesday that the country will open its economy to foreign investment and that Damascus is also working on energy and electricity partnerships with Gulf states.
"Syria's economic resources are diverse and we have a lot of sectors - industry, tourism... of course the economy in the future will be open and will open the road for foreign investment," he said at the World Economic Forum meeting in Davos, Switzerland.
Shibani paid separate visits to Saudi Arabia, the United Arab Emirates and Qatar in early January, during which he discussed bolstering ties.
At Davos, Shibani said a committee of representatives from various groups would work on the country's new constitution after holding a national dialogue, which Syria's leadership says will include all segments of society to chart a path for the nation after the opposition factions ousted President Bashar al-Assad.
"We need an inclusive transition leading to a new constitution, free and fair elections, in a Syrian-led and Syrian-owned political process that will restore Syria's sovereignty and territorial integrity," UN Syria envoy Geir Pedersen said at a separate press conference in Damascus on Wednesday.
Both Pedersen and Shibani reiterated calls for ending the international sanctions imposed on Syria.



Iraq’s FM: Israeli-Russian Hostage Tsurkov is Alive

Israeli-Russian Princeton researcher Elizabeth Tsurkov. AFP
Israeli-Russian Princeton researcher Elizabeth Tsurkov. AFP
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Iraq’s FM: Israeli-Russian Hostage Tsurkov is Alive

Israeli-Russian Princeton researcher Elizabeth Tsurkov. AFP
Israeli-Russian Princeton researcher Elizabeth Tsurkov. AFP

Israeli-Russian researcher Elizabeth Tsurkov, who is being held hostage by an Iraqi militia, is alive and the Iraqi prime minister is working on her release, Iraqi foreign minister Fouad Hussein told Axios reporter Barak Ravid on Thursday.

Tsurkov, a 38-year-old student at Princeton University, disappeared in Baghdad in March 2023 while doing research for her doctorate. She had entered the country on her Russian passport.

The only sign she was alive has been a video broadcast in November 2023 on an Iraqi television station and circulated on pro-Iranian social media purporting to show her.

No group has claimed responsibility for the kidnapping. But Israel believes she is being held by Kataib Hezbollah, an Iranian-backed Iraqi militia.