Syria cancels deal with Russian Construction Firm following Assad’s fall  

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**Syria Cancels Russian Investment Deal**

The port of Tartus in Syria has ended a 49-year investment agreement with Russia’s Stroytransgaz company. This decision was made after the collapse of Syrian dictator Bashar al-‘s regime, which reduced Russia’s in the .

**Background**

Russia had signed a contract to invest at least $500 million in modernizing the Tartus port in 2019. However, with the agreement now void, all revenues from the port will go directly to the Syrian . The management of the port will also be taken over by local .

**New Developments**

The new has blocked a Russian vessel from evacuating military equipment from the Tartus naval base. This move is seen as a further sign that Syria is distancing itself from Russia’s influence.

**Ukraine’s Perspective**

Ukraine’s Minister, Andrii Sybiha, discussed Russia’s military presence in Syria during a visit to Damascus. Ukraine and the new Syrian leadership share similar views on this issue, according to .

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