Syria not to take tax from Turkish vehicles carrying goods

Syria will not take tax from Turkish vehicles carrying goods, a Turkish minister said on Wednesday.

Syria not to take tax from Turkish vehicles carrying goods

Turkey's State Minister Kursad Tuzmen said that Syria would not take taxes from Turkish vehicles carrying goods to that country.

Tuzmen met Syrian Minister of Construction & Housing Umar Ghalawanji, Minister of Transport Yarub Badr and Minister of Finance Muhammad al-Husayn in the Syrian capital of Damascus.

Tax exemption of Turkish vehicles carrying goods to Syria is the first positive outcome of Tuzmen's visit to Syria.

"This will reduce the negative effect of the global economic crisis on trade," Tuzmen said during his meeting with Syrian Minister of Finance al-Husayn.

The minister defined it a very good development and beginning, and this tax exemption would mean 25-30 percent reduction in transportation costs which was equal to about 250 USD.

"Tax exemption will also increase competitive power," he said.

Tuzmen said vehicles carrying transit goods should also be tax-exempt, which would contribute to Turkey's transportation to Saudi Arabia, Jordan and Iraq.

During his meeting with Syrian Minister of Transport Badr, Tuzmen discussed land, maritime, air and railway transportation and expressed Turkish firms' willingness to take part in construction of north-south and west-east highways.

Tuzmen, who also met the Syrian Minister of Construction & Housing Ghalawanji, said Turkish companies could join significant dwelling construction tenders if appropriate conditions were ensured.

Accompanied by a large delegation of businessmen, Turkey's State Minister Tuzmen left Turkey for Syria on Monday.

On Tuesday, Tuzmen had a meeting with Syrian Economy & Trade Minister Amir Husni Lutfi, attended Turkish-Syrian Businessmen Forum and the opening ceremony of main distribution center of Turkish furniture company Alfemo in Damascus

Tuzmen is expected to hold talks with Syrian Prime Minister Muhammad Naji al-Utri, Deputy Prime Minister for Economic Affairs Abdallah al-Dardari, and Minister of Industry Fuad Isa Juni.

Tuzmen will also meet Syrian businessmen. He is expected to return back to Turkey later on Wednesday.

The current trade volume between Turkey and Syria stands at 1.7 billion USD.

Since the beginning of the global financial crisis, Turkish exports to Syria increased by 50 percent.


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Last Mod: 19 Şubat 2009, 10:55
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