The Syrian Future Movement is closely following the rapid developments in bilateral cooperation between Syria and Turkey, culminating on Wednesday, August 19, 2026, with the signing of a trilateral memorandum of understanding in the field of earth sciences and mining at Tishreen Palace in Damascus. The signing ceremony was attended by Syrian Energy Minister Mohammed al-Bashir and his Turkish counterpart, Alparslan Bayraktar.<\/p>\n\n\n\n
This memorandum, signed by the General Establishment for Geology and Mineral Resources on behalf of Syria, and by the General Directorate of Mining Research and Exploration (MTA) and the International Mining Company on behalf of Turkey, represents a crucial step in strengthening technical cooperation, building national capacities, and transferring technology in the exploration of priority mineral resources.<\/p>\n\n\n\n
The Syrian Future Movement commends this step, which embodies a strategic shift in Syrian-Turkish relations and underscores the shared desire to build a comprehensive economic partnership that contributes to the reconstruction of Syria and the advancement of the energy and mining sectors, which are fundamental pillars of sustainable development.<\/p>\n\n\n\n
The Syrian Future Movement notes that this memorandum is a natural extension of the growing cooperation efforts between the two countries, and its importance stems from:<\/strong><\/p>\n\n\n\n First, promising economic integration: According to Minister al-Bashir, the memorandum indicates that it is “the nucleus of a new agreement for cooperation in the mining sector,” which includes the establishment of sulfuric and phosphoric acid plants, the rehabilitation of railways for transporting and importing phosphate, and cooperation in the iron industry, for which samples have been taken from the Aleppo countryside.<\/p>\n\n\n\n We see in these projects a real possibility of transforming Syria’s mineral wealth into an engine for economic development and job creation.<\/p>\n\n\n\n Second, continued momentum in energy cooperation: The mining memorandum comes within the context of broader energy projects, including the construction of five power plants in Syria (four natural gas-fired combined-cycle plants and one solar power plant) with a total capacity of 5,000 megawatts, with investments estimated at $7 billion, involving Turkish, Qatari, and American companies.<\/p>\n\n\n\n For its part, the Syrian Future Movement appreciates these efforts aimed at addressing the chronic electricity crisis in Syria, which is a prerequisite for restoring normalcy and stimulating investment.<\/p>\n\n\n\n Third, opening up prospects for regional and international cooperation: These projects embody a model of regional integration in the energy sector, with the participation of influential countries (Turkey, Qatar, Azerbaijan, and the United States). This solidifies Syria’s position as an active player on the regional stage and enhances opportunities to attract further international investment.<\/p>\n\n\n\n In this context, the Syrian Future Movement reiterates its consistent positions, published on its official website, which emphasize the priority of international cooperation and sustainable development in building the new state:<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n The Syrian Future Movement believes that implementing these ambitious projects, despite their importance, faces challenges and opens up opportunities that require follow-up:<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n Based on its national responsibility, the Syrian Future Movement recommends the following:<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n The Syrian Future Movement appreciates these strategic steps that strengthen bilateral cooperation with Turkey and contribute to building a strong and sustainable Syrian economy.<\/p>\n\n\n\n It recalls that energy and natural resources Minerals are two fundamental pillars for Syria’s revival, and their optimal investment is a national responsibility that falls on everyone.<\/p>\n\n\n\n The Syrian Future Movement affirms that the success of these projects will serve as a model for constructive regional cooperation and will contribute to achieving stability and prosperity for Syria and the entire region.<\/p>\n","protected":false},"excerpt":{"rendered":" The Syrian-Turkish Memorandum of Understanding on Energy and Mining: A strategic step towards strengthening joint cooperation and reconstruction.<\/p>\n","protected":false},"author":35,"featured_media":67069,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4661,179],"tags":[4706],"class_list":["post-67071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-office-en","category-political-office-en","tag-press-release"],"yoast_head":"\n\n
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