Türkiye and Syria have formalized a comprehensive economic roadmap aimed at boosting trade, fostering regional development, and supporting Syria’s reconstruction. The agreement was signed following the inaugural meeting of the Türkiye-Syria Joint Economic and Trade Committee (JETCO) held in Istanbul.

JETCO Agreement: A Blueprint for Economic Integration

Turkish Trade Minister Omer Bolat announced the protocol, established during the JETCO meeting, will serve as a blueprint for economic integration and reconstruction. The first session of JETCO, formally signed in Ankara on August 5, 2025, was considered a success, built on mutual trust.

Targeting $10 Billion in Trade

Both nations committed to increasing bilateral trade, currently at $3.7 billion, with initial targets of $5 billion and a long-term goal of $10 billion. Collaboration will focus on key sectors including textiles, agriculture, food processing, and machinery.

Sector-Specific Collaboration & Regulatory Alignment

The two countries agreed to share information regarding regulatory frameworks to ensure predictability in agricultural trade. A Türkiye-Syria Business and Investment Forum was also held alongside the JETCO meeting to encourage further collaboration and investment.

Focus on Industrial Zones & Regional Development

Minister Bolat emphasized the importance of uninterrupted foreign trade amidst global challenges. Syrian Economy and Industry Minister Mohammad Nidal al-Shaar highlighted the ongoing cooperation across economic, cultural, social, and service sectors.

Al-Shaar noted the planned industrial zone in Aleppo remains a priority, anticipating it will positively influence other projects and improve the business climate. The JETCO meeting also resulted in a cooperation agreement covering product safety, inspections, and technical regulations.

Commitment to Sustainable Trade & Regional Stability

The discussions reflect a commitment to strengthening economic ties and fostering development. The focus on increasing trade volume, sector-specific collaborations, and regulatory transparency aims to build investor confidence and promote long-term economic stability. This joint effort signals a dedication to regional stability and a prosperous future for both nations.