Russia is allocating 700 million dollars for efforts to improve war-torn Syria's economy, a senior Russian official said Tuesday.
Russia plans to build a "new trade port" at the western Syrian city on the Mediterranean, Borisov said in comments carried by state media.
Russia is also investing 200 million dollars to modernize a Syrian facility for producing chemical fertilizers, Borisov said.
Russia is the disputed Syrian government's main military backer in the Middle Eastern country's civil war, opposing efforts by rival power the United States to depose Syrian President Bashar al-Assad.
Borisov and al-Assad met Tuesday in the Syrian capital, Damascus, for talks on restoring Syria's devastated economy, Russian state news agency TASS reported.
"I believe we have achieved good results over the past year. ... Things are going smoothly in Tartus," Borisov said.
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Over the next half-year, Russia will deliver 100,000 tons of grain to Syria as humanitarian aid, he said.
Russia is also contributing 17 million dollars to United Nations-led recovery efforts in Syria, TASS reported.