SYRIAN TOBACCO SECTOR HIT HARD BY CIVIL WAR, BUT STILL SURVIVES, WITH LEAF PRODUCTION POTENTIALLY EXPANDING
July 2nd, 2020
The Syrian tobacco sector has been hard hit by the civil war and associated social conflicts, now stretching into their tenth year. Tobacco leaf volumes and planted areas have dropped by around a third since the start of these troubles, factories have been destroyed, and sanctions have forced international brands from formal trading channels in Syria. The depreciation of the Syrian pound, notably by more 70% since last September (it has been especially hit hard by the Lebanese financial crisis – hindering trade and investment through this neighbouring country) ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.