Syrian-Saudi MOUs in Transport and Postal
The Syrian and Saudi governments signed Memoranda of Understanding to strengthen cooperation in the fields of air and land transportation, railways, postal services, and the iron industry. The aim is to support Damascus’s reconstruction plans, attract investment, and achieve economic development. These agreements include enhancing transportation links between Syria and Gulf countries, and establishing a connection between railway networks from Turkey to the Gulf, which will help improve the movement of goods and people, support tourism, and boost trade exchange. These accords contribute to repairing Syria’s economic arteries and activating the transit of European goods through Syria, positively impacting production, employment, and living standards. Additionally, Syria signed a project with a Saudi company to rehabilitate and develop the steel company in Hama, with the goal of increasing its production capacity to 350,000 tons annually within four years. The understandings reaffirm support for economic and investment cooperation between the two countries and aim to enhance Syria’s position as a transit hub between the Gulf and Europe.
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