Damascus, Paris Forge New Economic Partnership for Reconstruction

Syria is actively seeking to reorient its economy and attract foreign investment for reconstruction, a move driven by significant geopolitical realignments in the Middle East. The closure of the Strait of Hormuz has amplified the strategic importance of Syria's geography as a potential "safe corridor and vital alternative" for global trade.

“

Syria has a strategic location linking the Mediterranean to the Gulf and Iraq, and is only a few hours by sea from Marseille. After the Strait of Hormuz crisis, the world understood the value of safe and stable corridors.

During French President Emmanuel Macron's first official visit to Damascus since the civil war's end in 2024, Syrian President Ahmed al-Sharaa and Macron initiated a "strategic shift" through a comprehensive economic partnership. This collaboration aims to move bilateral ties into a new phase, emphasizing mutual respect and equal partnership.

“

Here lies the importance of Syrian geography, which has today regained its vital role as an indispensable hub in the global corridors market. We want France to be our first partner on this path.

Despite security concerns, including explosions near Macron's hotel, the French delegation, comprising leaders from shipping, energy, and industry sectors, proceeded with the partnership. This high-level engagement signals a European commitment to look beyond security challenges and foster relationships based on shared interests.

“

We are talking about an integrated system, from renewing our air fleet, operating our airports and modernizing air navigation systems, to energy exploration in our territorial waters, upgrading electricity and water networks, and developing university hospitals, food industries, digital infrastructure and the civil registry.

President al-Sharaa highlighted Syria's unique position linking the Mediterranean to the Gulf and Iraq, emphasizing its renewed role as a crucial hub in global trade corridors. He expressed a desire for France to be Syria's primary partner in this endeavor, outlining investment opportunities in air transport, energy exploration, infrastructure upgrades, and digital development. Syrian industrial zones are presented as potential manufacturing bases, supported by a modern investment environment governed by law.

“

Syrian industrial cities are ready to serve as a launchpad for your factories. Supporting this is our reliance on Syria’s revival through a sovereign decision. We are building a modern investment environment governed by laws and institutions.