Iran Steps Up Its Economic Domination in Syria

(Jerusalem Center for Public Affairs) Brig.-Gen. (ret.) Dr. Shimon Shapira - Iran is stepping up its economic involvement in Syria. Iranian leaders envision the construction of a railway from Tehran to the Mediterranean Sea. Syria has also signed agreements to import five power plants from Iran to rehabilitate the power sector. Iran announced plans to build a refinery near Homs and to rehabilitate two additional refineries. The Iranian takeover of the Syrian economy will probably be relatively rapid, given Syria's desperate need to rehabilitate its economy. Iran's main competitor in rebuilding Syria is Russia, but the Russians demand payment for their investments. The writer, a senior research associate at the Jerusalem Center, served as Military Secretary to the Prime Minister and as Israel Foreign Ministry Chief of Staff.


2017-10-19 00:00:00

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