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Turkish Delegation to Visit Syria to Discuss Energy Cooperation

(FILES) Syrian refugees who live in Türkiye walk with their belongings at Cilvegozu crossborder gate before entering Syria at Reyhanli district in Hatay, on December 9, 2024. (Photo by Ozan KOSE / AFP)
(FILES) Syrian refugees who live in Türkiye walk with their belongings at Cilvegozu crossborder gate before entering Syria at Reyhanli district in Hatay, on December 9, 2024. (Photo by Ozan KOSE / AFP)
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Turkish Delegation to Visit Syria to Discuss Energy Cooperation

(FILES) Syrian refugees who live in Türkiye walk with their belongings at Cilvegozu crossborder gate before entering Syria at Reyhanli district in Hatay, on December 9, 2024. (Photo by Ozan KOSE / AFP)
(FILES) Syrian refugees who live in Türkiye walk with their belongings at Cilvegozu crossborder gate before entering Syria at Reyhanli district in Hatay, on December 9, 2024. (Photo by Ozan KOSE / AFP)

A delegation from Türkiye's energy ministry will visit Syria "soon" to discuss possible energy cooperation including transmitting electricity to ease power shortages, Energy Minister Alparslan Bayraktar said late on Monday.
Türkiye, which backed Syrian opposition fighters who toppled President Bashar al-Assad this month after a 13-year civil war, has reopened its embassy in Damascus and its intelligence chief and foreign minister have met with de-facto leader Ahmed al-Sharaa.
Erdogan last week said that Ankara would do whatever necessary for the reconstruction of Syria, including improving energy ties.
"A delegation from the Energy Ministry will visit Syria as soon as possible and will conduct examinations on electricity and energy infrastructure of Syria," Bayraktar told reporters, according to Reuters.
The Turkish delegation will also discuss energy cooperation with the new Syrian government and Türkiye's possible assistance on the issue, Bayraktar added.
"The main problem in Syria in the field of energy is the electricity (shortage) at the moment. A formula will be sought (for Türkiye) to provide electricity to Syria," he added.
Türkiye currently provides electricity to some parts of northern Syria where it has mounted four military operations since 2016.

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China to Focus on Stabilizing Housing Market in 2025, Housing Regulator Says

A cleaner carrying a broom and a trash bin walks along a street in Beijing on December 24, 2024. (AFP)
A cleaner carrying a broom and a trash bin walks along a street in Beijing on December 24, 2024. (AFP)
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China to Focus on Stabilizing Housing Market in 2025, Housing Regulator Says

A cleaner carrying a broom and a trash bin walks along a street in Beijing on December 24, 2024. (AFP)
A cleaner carrying a broom and a trash bin walks along a street in Beijing on December 24, 2024. (AFP)

Efforts will continue in 2025 to stabilize and prevent further declines in China's real estate market, China Construction News reported, citing a work conference held by the housing regulator on Tuesday and Wednesday.

China will vigorously promote the reform of the commercial housing sales system, and expand the scope of urban village renovation beyond the addition of 1 million units, the report said.

China will strictly control the supply of commercial housing, while increasing the supply of affordable housing to help solve the living problems of a large number of new citizens, young people and migrant workers, it said.

Policymakers have stepped up efforts to revive the real estate by introducing new measures to encourage home demand after a government-led campaign to rein in highly leveraged developers triggered a crisis in 2021.

Since September, measures aimed at encouraging homebuying have included cutting mortgage rates and minimum down-payments, as well as tax incentives to lower the cost of housing transactions.

The real estate market has shown some momentum of stabilizing, with home transactions in October and November seeing year-on-year and month-on-month growth for two consecutive months, said the conference.

China's home prices fell at the slowest pace in 17 months in November, supported by government efforts to revive the sector, official data showed.

An official of the Central Financial and Economic Affairs Commission in December called for policy measures with direct impact on stabilizing the real estate market to be adopted as soon as possible, with local governments getting greater autonomy to buy housing stock.