India and Syria enjoy cordial relations based on historic ties, with India respecting Syria’s territorial and political sovereignty
Oil and gas has been a major enabler in bilateral relations
Training slots offered to Syria under ITEC doubled to 90
India has set up a center for biotechnology in Damascus
An MOU for cooperation in agriculture and allied sectors signed by the two nations
total bilateral trade during FY 2020-21
Exports to Syria in 2019-2020
Overseas Indians currently in Syria
Syrian economy is recovering and about 20,000 industrial facilities have begun work again
Syria has a highly skilled workforce in traditional industries such as tourism, textiles and clothing manufacture
Oil & Gas
India has two significant investments in Syria in the oil sector with ONGC involved in E&P activities
India-Syria Centre of Excellence in IT has been set up at Damascus with the assistance from Government of India
Line of Credit (LOC) extended by India for the rehabilitation and modernization of the Hama Iron & Steel Plant
A Memorandum of Understanding on the up-gradation of the India-Syria Next Generation Center for Excellence in Information and Technology was signed by Shri. T. S. Tirumurti, Secretary (ER) and H.E. Dr. Riad K Abbas, Ambassador of Syrian Arab Republic to India, in New Delhi on October 01, 2019.
Chocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)agriexchange.apeda.gov.in
Milk in powder/granules/oth. solid form, unsweetened, fat content by wt. >1 … (040221)agriexchange.apeda.gov.in
Bananas, incl. plantains, fresh/dried (080300)
Cane sugar, raw, in solid form, not cont. added flavouring/colouring matter … (170111)
Vegetable seeds, of a kind used for sowing (120991)
Reserve: 277.2 tonnes
Reserve: 13820 tonnes (Ores for Cement Industries – lime & basalt)
Reserve: Bailona Clay – 165 tonnes, Kawlinitiea Clay – 165.7 tonnes, Laterite Clay – 328 tonnesportal.egov.sy
Reserve: Iron Ore – 117.5 tonnes
Reserve: Lime & Basalt-13,820 tonnes (ores for cement industries)
Production: 24,757 tons
Production: Sand Stone – 6,390 tons
Production: 132,470 tons
Reserve: 1,963 tonnes
Here are the leading sectors of opportunities for foreign investors
ONGC Videsh has been engaged in oil and gas exploration in Syria.
Himalaya Herbal has a joint venture of herbal drugs and cosmetics in Syria.
Mahindra & Mahindra has signed a 10 year supply contract with M/s Al Furat Tractor.
Indian firms such as MECON has eyed phosphate production in Syria.
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