Economic diplomacy: Who wants to invest in Syria now?

DEUTSCHE WELLE

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There are also other potential investors for Syria from counties like India or Brazil. But, as Guy Burton, an international affairs professor at the Brussels School of Governance, whose work focuses on the Middle East, says, "private companies from those countries are also likely to be cautious about investing in Syria, considering the risks."

China is the other major potential investor often mentioned in conjunction with Syria. Syria signed onto China's Belt and Road Initiative in early 2022 and representatives of the Chinese and Syrian governments have discussed projects in transport, industry and communications.

However, here too, observers say that there's a lot of talk, but not much action.

"Syrians have expressed a strong interest in Chinese investment and the Chinese have been open to those discussions," Burton told DW. But, he adds, look at the Iran situation. "[Iran] is also under sanctions and talks up its connection with China too. However, the level of actual Chinese investment in the country has been minimal, even after the supposed 25-year agreement signed two years ago."

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