How is the government supporting Syrian industrialists?
The cabinet has taken many decisions which support industrialists. One of the main problems for industrialists in Syria is that many foreign products entering the country are subsidised in their home countries. As such, the government has set a minimum price for industrial products coming into the country. A minimum price limit has been set specifically for the entry of textile products into Syria from all over the world. This measure has been in place for more than two months and it will improve the situation and boost the sale of Syrian textile products. The same has been done for the food, chemical and engineering industries. A commission has been established at the Ministry of Economy which will develop and support industrial exports. However, industrialists are also being asked to play their role in modernising and restructuring their businesses, in addition to reducing production costs in ways that will help them to produce more competitive goods at higher standards. What is the
