Dr. Hassan Hazouri, a professor of economics at the University of Aleppo, believes that the most prominent expected outcome of the Syrian government's agreement with the Syrian Democratic Forces (SDF) is the resumption of oil and gas fields, which could gradually increase production to significant and promising levels.
This could generate daily revenues estimated at approximately $28 million when peak production is reached, or more than $10 billion annually. He noted that these revenues will be used to finance reconstruction and infrastructure development projects, creating significant new job opportunities in various economic sectors.
Another outcome, Dr. Hazouri noted in a statement to Al-Hurriya newspaper, is the revival of the agricultural sector. Reclaiming fertile agricultural lands in the Jazira region will contribute to boosting agricultural production, especially for strategic crops such as cotton and wheat, supporting food security and creating job opportunities in the agricultural sector and related industries.
It will also contribute to stimulating the industrial sector. With the availability of natural resources and improved stability, dormant factories and industrial facilities can be reopened, providing job opportunities in manufacturing and contributing to economic diversification.
Hazouri expects this agreement, in general, to contribute to narrowing the gap in the labor market and reducing unemployment rates by stimulating various economic sectors and providing a stable and attractive environment for investment.
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