Russia will sign a deal within a week to rent the Syrian port of Tartus for 49 years in order to use it for trade and economic purposes, Russian Deputy Prime Minister Yury Borisov said on Saturday following a meeting with Syria’s Assad.
“The key issue that should trigger a positive dynamic is the use of the Tartus port. The visit has cemented all these arrangements. We have made good progress on this issue and hope that the contract will be signed within a week, and for 49 years the port of Tartus will be used by Russian business,” Borisov told reporters.
In 2017, Russia and Syria signed an agreement on the development and modernization of a leased military installation of the Russian Navy in the Mediterranean port city of Tartus, and extending operations there to the next decades.