VOL. XXXVI

NO. 40

5-JULY-1993

SYRIA

Investment Council Approves Establishment Of Two Oil/Cargo TransportCompanies

Syria's Higher Investment Council has approved the establishment of twoprivate sector companies with an aggregate capital of SL2.41bn ($112mn) toundertake the transport of crude oil, petroleum products and cargo both insideSyria and abroad. For the operations abroad, the companies are allowed topurchase and/or hire tankers and cargo vessels, and for the internationaloperations to...