Syria Expects to Halve Wheat Imports after ‘Very Good' Harvest

A Syrian farmer in a wheat field in Afrin on Wednesday. (Getty Images)
A Syrian farmer in a wheat field in Afrin on Wednesday. (Getty Images)
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Syria Expects to Halve Wheat Imports after ‘Very Good' Harvest

A Syrian farmer in a wheat field in Afrin on Wednesday. (Getty Images)
A Syrian farmer in a wheat field in Afrin on Wednesday. (Getty Images)

Syria will import half as much wheat in 2023 as the previous year due to an expected boost in the domestic harvest, Minister of Agriculture Mohammad Hassaan Qatna said on Monday.

Before war erupted in 2011, Syria produced around 4 million tons of wheat yearly, enough to feed itself and export to neighboring countries. But with erratic rainfall patterns and the country's traditional breadbasket in the northeast outside government control, production has been paltry in recent years, said Reuters.

Russia's invasion of Ukraine last year prompted a spike in worldwide grain prices, making Syrian imports more expensive even as Damascus relied more on external sources.

"This year, the rainfall at the beginning of the season was a bit delayed, but all the planned areas were cultivated and the rainfall distribution was good," Qatna told Reuters in an interview in Beirut.

As a result, Qatna said, winter wheat production was "very good" and anticipated imports will be about "50% of what Syria used to import in past years", describing it as "a good achievement".

Last year, Syria imported around 1.5 million tons of wheat, with Russia providing all but a fraction of them, according to Refinitiv data.

Qatna said areas in the north - where Türkiye-backed rebels as well as US-backed Kurdish fighters each control swathes of separate territory – had not been cultivated by the central Syrian authorities.

He declined to provide Reuters with specific figures on production and import.

Qatna said Syria mainly imports wheat from Russia, which has backed the Syrian government militarily and financially.

Russian authorities have not disclosed grain supplies to Syria for a number of years. Last year, Reuters reported that wheat sent to Syria from the Black Sea port of Sevastopol in Crimea increased 17-fold to just over 500,000 tons.



Spain Gives Green Light for Saudi STC to Raise Stake in Telefonica to 9.97%

STC said it aimed to build up an interest of 9.9% in the Spanish telecoms company worth around 2.4 billion euros ($2.53 billion) and become a major shareholder - File Photo
STC said it aimed to build up an interest of 9.9% in the Spanish telecoms company worth around 2.4 billion euros ($2.53 billion) and become a major shareholder - File Photo
TT

Spain Gives Green Light for Saudi STC to Raise Stake in Telefonica to 9.97%

STC said it aimed to build up an interest of 9.9% in the Spanish telecoms company worth around 2.4 billion euros ($2.53 billion) and become a major shareholder - File Photo
STC said it aimed to build up an interest of 9.9% in the Spanish telecoms company worth around 2.4 billion euros ($2.53 billion) and become a major shareholder - File Photo

The Spanish government has given the green light to Saudi Arabia's largest telecoms operator, STC Group, to raise its stake in Telefonica beyond 5% and reach 9.97%, Economy Minister Carlos Cuerpo said on Thursday.

Cuerpo confirmed an earlier report by El Pais newspaper during a news conference following the cabinet's weekly meeting in which the stake increase was approved, Reuters reported.

"Measures and conditions have been set and accepted voluntarily by the Saudi company to ensure that (the operation) takes place," Cuerpo told reporters.

He said the government's decision followed an "exhaustive analysis based not only on compliance with current legislation but also to guarantee the national interest in defense and ensure the strategic element in telecommunications".

Last year, STC said it aimed to build up an interest of 9.9% in the Spanish telecoms company worth around 2.4 billion euros ($2.53 billion) and become a major shareholder.

The Saudi group said at the time it owned a 4.9% stake in Telefonica and financial instruments giving it another 5% in what it called economic exposure to the company.

The Spanish government had to authorize the deal as Telefonica is considered a defence service provider and therefore a strategic company.

The Saudi company has said it does not intend to gain control of or a majority stake in Telefonica.