Syria to create General Investment Authority
The Syrian government is currently evaluating a law proposal with the objective of creating a General Investment Authority to replace the existing Investment Office. Syrian Prime Minister, Mustapha Miro, initiated this law proposal with the objective of stimulating investments into Syria, reported Al-Hayat. The new entity is planned to simplify the existing bureaucratic obstacles and barriers to investors. The government is also planning to amend investment law number 10 established in 1991. — (menareport.com)
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