President Assad issued a bill allowing the private sector to invest in the tobacco industry.

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President Assad issued a bill allowing the private sector to invest in the tobacco industry.

President Bashar al-Assad issued Legislative Decree No. 16 of 2024 that privileges the private sector to invest in the tobacco industry and buy and sell it for manufacturing and marketing purposes. The Decree aims to open the door for the private sector to invest in tobacco in a rigorous, informed and planned manner, given that the private sector has the flexibility and expertise to overcome some of the obstacles that affect the investment of th…