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Overview (December 2010)
  • Energy & Natural Resources
  • Syria
  • 06 December 2010

Including: Oil exploration; Investment; Effect of global financial crisis; Consumption versus reserves.

Banks Cannot Bank on Legal Immunity
  • Banking
  • Syria
  • 05 March 2004

The Court of Cassation has given a green light to the lower courts to refrain from enforcing unilateral government decisions which are in breach of contracts concluded between public agencies and private parties. The ruling ends a dispute between the state-owned Commercial Bank of Syria and the Ministry of Economy and Foreign Trade on one hand, and a number of private-sector importers on the other.

Legislation Overhauls Agency and Distribution Practices
  • Company & Commercial
  • Syria
  • 07 April 2003

Pursuant to Legislative Decree 15, all foreign parties intending to conclude contracts with the Syrian public sector must now have a commercial agent or a branch office that is registered with the Department of Foreign Companies and Agencies, part of the Ministry of Economy and Foreign Trade.

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