First "Expo Turkey 2010 in Syria" exhibition of Istanbul Chamber of Trade (ITO) opened in Damascus on Thursday.
Syrian Deputy Minister of Economy & Trade Khaled Salouta, Turkey's Ambassador to Damascus Omer Onhon, ITO Executive Board Deputy President Dursun Topcu, ITO Executive Board member Muhammed Yenel, ITO Secretary General Cengiz Ersun and several other executives attended the opening of the exhibition.
Responding to the questions of reporters, Topcu said he had a meeting with Syrian Economy Minister Lamia Asi, and the Syrian minister wanted positive relations between the two countries to be reflected on economy.
Topcu said the exhibition could take place once in two years, noting 132 companies attended the fair which was announced four months ago.
Syrian deputy minister Salouta said all the sectors in Syria were open to investment, noting that particularly electricity and energy were the areas waiting to get opened to private sector. He said investments could also be made in infrastructure and real estate.
Salouta said social relations boosted and businessmen started to visit Syria more following removal of visa requirements.
The trade volume between Turkey and Syria was 1.8 billion USD in 2009. 1.4 billion USD of it was exports from Turkey to Syria. Trade volume is expected to amount to 2.2 billion USD in 2010.
The fair will stay open till December 11, 2010. 132 companies extending from automotive to informatics, from foodstuffs to furniture and from chemical products to souvenir are attending the fair.
First Expo Turkey 2010 in Syria opens in Damascus
132 companies extending from automotive to informatics, from foodstuffs to furniture and from chemical products to souvenir are attending the fair.