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.



Sudan Army, RSF Trade Blames for Fires at Khartoum Refinery

FILE PHOTO: Plumes of smoke rise during clashes between the Rapid Support Forces and the army in Khartoum, Sudan, September 26, 2024. REUTERS/Stringer/File Photo
FILE PHOTO: Plumes of smoke rise during clashes between the Rapid Support Forces and the army in Khartoum, Sudan, September 26, 2024. REUTERS/Stringer/File Photo
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Sudan Army, RSF Trade Blames for Fires at Khartoum Refinery

FILE PHOTO: Plumes of smoke rise during clashes between the Rapid Support Forces and the army in Khartoum, Sudan, September 26, 2024. REUTERS/Stringer/File Photo
FILE PHOTO: Plumes of smoke rise during clashes between the Rapid Support Forces and the army in Khartoum, Sudan, September 26, 2024. REUTERS/Stringer/File Photo

The Sudanese army and the Rapid Support Forces (RSF) on Thursday accused each other of attacking the Khartoum refinery in Al-Jaili.

The army and the forces led by commander Mohamed Hamdan Dagalo have traded blame since the civil conflict erupted almost two years ago.

"The terrorist militia of Al-Dagalo deliberately set fire to the Khartoum refinery in Al-Jaili this morning in a desperate attempt to destroy the infrastructures of this country, after despairing of achieving its illusions of seizing its resources and land," the Sudanese army said in a post on X.

Meanwhile, the RSF said the army launched airstrikes on the refinery.

"The ongoing aerial bombardment of the refinery, the latest of which was this morning, which led to its destruction, represents a full-fledged war crime," Reuters quoted the RSF as saying in a statement.

Earlier this month, the army and allied forces recaptured the state capital Wad Madani from the RSF, a strategic city that could mark a turning point in the ethnic violence that has caused the world's largest internal displacement crisis.

The army and the RSF together led a coup in 2021, removing Sudan's civilian leadership, but fell out less than two years later over plans to integrate their forces.