Davos-Syria's economy will be open for foreign investment, foreign minister says


Syria's Foreign Minister Asaad Hassan Al Shibani gestures during the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2025. REUTERS/Yves Herman

DAVOS, Switzerland (Reuters) - 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.

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