Under privatization and partnership cover, Syrian regime sells rest of state’s resources ...Syria

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Under privatization and partnership cover, Syrian regime sells rest of state’s resources
Enab Baladi – Yamen Moghrabi The Syrian regime has signed dozens of contracts with Russia and Iran during the past few years as part of a system of privatization of a number of economic projects, which are owned by Syrian state institutions. Contracts included leasing sea ports, phosphate extraction, and others, in addition to other contracts for companies owned by economic personalities that emerged after 2011, working directly with the regime or through local shell companies. The most recent announcement of its privatization of new sectors within a participatory system was what was published by the ruling party newspaper, al-Baath on July 2, quoting sources in the Syrian Ministry o

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