Türkiye, Syria sign deal to launch business council, boost economic ties

Türkiye and Syria have signed a Memorandum of Understanding (MoU) to establish a joint Business Council aimed at re-establishing institutional cooperation between the two countries, Türkiye’s Trade Ministry announced.

The agreement on Wednesday was formalised during a roundtable meeting chaired by Syrian Economy and Industry Minister Nidal Al-Shaar and Türkiye’s Deputy Trade Minister Ozgur Volkan Agar. 

The session also included members of Türkiye’s Foreign Economic Relations Board (DEIK) and a Syrian delegation, along with business leaders from both countries.

The discussions focused on cooperation opportunities within Syria’s post-war reconstruction process, particularly in the areas of infrastructure and public services through Build-Operate-Transfer (BOT) and Public-Private Partnership (PPP) models.