Damascus, Syrian Arab Republic
The Syrian Saudi Business Council (SSBC) convened its expanded coordination meeting for the Council's Sectoral Committees, marking an important milestone in strengthening institutional cooperation and accelerating the Council's strategic agenda to enhance economic collaboration between the Syrian Arab Republic and the Kingdom of Saudi Arabia.
The meeting was held in Damascus in the presence of H.E. Mr. Abdullah Al Haris, Chargé d'Affaires of the Embassy of the Kingdom of Saudi Arabia in Damascus, together with members of the Council's Board of Directors, Sector Heads, and committee representatives.
The meeting focused on aligning the strategic vision of all sectoral committees, reviewing the Council's operational roadmap, defining governance mechanisms, and activating sector specific work plans that will support the next phase of Syrian Saudi economic cooperation.
From Vision to Execution
During the meeting, the Council affirmed its transition from the establishment and planning phase to a structured execution phase, supported by clear priorities, measurable deliverables, and institutional coordination.
The Council emphasized its role as a strategic platform connecting the Syrian private sector with Saudi investors and businesses, while supporting national economic priorities through organized dialogue, investment facilitation, and practical collaboration between the two business communities.
Strategic Priorities
The Council outlined the key priorities that will guide the work of its sectoral committees during the coming period, including:
- Identifying and developing high quality investment opportunities within the Syrian private sector and preparing them for potential investors.
- Supporting efforts to enhance the investment environment by identifying challenges and proposing practical recommendations that contribute to improving the business climate.
- Strengthening institutional coordination with counterpart organizations in the Kingdom of Saudi Arabia to promote alignment, knowledge exchange, and joint initiatives.
- Facilitating partnerships, attracting investment, and encouraging sustainable private sector cooperation across priority economic sectors.
- Supporting initiatives that contribute to economic growth, industrial development, technology transfer, job creation, and long term sustainable development.
Institutional Commitment
The Syrian Saudi Business Council reaffirmed its commitment to serving as an effective institutional bridge between the private sectors of both countries, working in close cooperation with relevant public and private stakeholders.
The Council also expressed its confidence that the activation of its sectoral committees will further strengthen bilateral economic relations, expand investment opportunities, and contribute to building strategic partnerships that support sustainable economic prosperity for both the Syrian Arab Republic and the Kingdom of Saudi Arabia.