Egypt

Dr. Ziad Arabsh, Professor of Energy at Damascus University: Joint Arab cooperation is an “urgent necessity”

Dr. Ziad Arabsh, Professor of Petroleum and Energy at the University of Damascus, said: “The Syrian events will affect all state facilities, including the economic aspect, as the flow of goods and services from Arab countries and Turkey will increase, specifically production requirements and intermediate materials, including energy derivatives. This is to expand later in renewing the state’s infrastructure after years of suffering as a result of the economic sanctions imposed on the state.

Arbash stressed that increasing the volume of funding is both Remittances from expatriates, money from Syrians from abroad, and support from international organizations that are expected to gradually intensify their work towards the exhausted Syrian economy, especially if the imposed sanctions are removed or suspended, will contribute to increasing the export movement of goods and goods from neighboring countries, including Egypt, in addition to increasing the volume of transit. Between the Arab countries, Turkey and others, as the transit of goods, for example, from Egypt to Iraq or Turkey would be more feasible if it happened across the Syrian border.

The professor of petroleum and energy added: “There is An important factor has begun to emerge, which is the return of Syrian investments to their former state, in parallel with the growth of joint Arab investment.

Arbash pointed out that there is a fundamental challenge facing both Syria and Egypt, which is the return of work. The joint Arab League, whether bilateral or multilateral, explaining that Syria and Egypt were the first countries to accelerate the Greater Arab Free Trade Area agreement. «Gafta» In the middle of the first decade of this century.

The petroleum professor concluded his speech with optimism, saying: “It is not in the near future, but optimism is legitimate in terms of developing intra-Arab investments, and this is achieved through concluding agreements and developing trade agreements in the fields of   Multiple, including reviving momentum for electrical interconnection projects between the Arab Gulf states, Iraq, and Syria towards Lebanon, Jordan, Egypt, Libya, and the countries of the North. Africa».

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  • Source of information and images “rosaelyoussef”

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