Syria is preparing to welcome a German economic delegation in early July, reflecting growing interest among European businesses in the country’s economic developments and potential investment opportunities. The planned visit forms part of broader efforts to strengthen ties between Syrian and German companies and explore partnerships supporting economic activity while contributing to the recovery of key sectors.
The visit was announced during an economic event organized by the German Near and Middle East Association (NUMOV) in Berlin. The gathering brought together Muhammad Shakri, chargé d’affaires of the Syrian Embassy in Berlin, representatives from over 50 German companies, and officials from several economic and financial institutions interested in the Syrian market.
Direct Discussions on Market Prospects
The Berlin event provided a platform for direct dialogue between Syrian officials and German business representatives. Participants received updates on Syria’s current economic landscape and discussed investment opportunities across multiple sectors. Discussions focused on the business environment, market entry challenges and potential areas for future growth.
Participants also examined sectors expected to attract investor interest in the coming years as Syria seeks to expand economic activity and encourage foreign investment. Alexander Klass, director of the German Near and Middle East Association, told SANA that the organization plans to lead a delegation of German companies to Damascus in early July.
The visit is expected to include meetings with Syrian counterparts aimed at identifying opportunities for economic cooperation. Klass said the Berlin forum gave German companies an opportunity to gain direct insight into Syria’s economic conditions through presentations and discussions with Syrian representatives.
Investment Climate Draws Attention
The event also featured an online presentation by a representative of the Syrian Investment Authority, who outlined the country’s investment environment and measures designed to attract foreign investors and facilitate market access for international companies.
The presentation highlighted opportunities in production, services and infrastructure, sectors expected to play a central role in Syria’s economic development plans in the years ahead. Several German business representatives stressed the importance of obtaining accurate and up-to-date information about developments in the Syrian market.
Among them was Philipp Steiner, owner of a German energy company, who described Syria as a promising market whose geographic proximity to Europe could make it attractive for companies seeking new investment opportunities.
Energy Cooperation Remains a Key Focus
The energy sector attracted particular attention during the event, with participants identifying it as a potential area for future cooperation between Syria and Germany. Steiner emphasized successful investment in the sector depends on stable regulations and a transparent economic environment capable of supporting long-term growth. He added that greater stability in Syria could have wider regional benefits while also creating opportunities for alternative energy transportation and export routes to Europe.
The strong participation of German companies at the Berlin forum underscored growing European business interest in the Syrian market. The planned delegation visit could serve as an important step toward broader economic partnerships and investment initiatives that strengthen cooperation between Syria and Europe in the coming years.
