The Russian authorities of the annexed Crimea and a delegation from Syria signed a Memorandum of Intent totaling 62 billion rubles or about one billion dollars, as reported by Interfax.
The news agency cites the Prime Minister of the Republic of Crimea, Sergey Aksyonov, who says that a part of the projects with Syria is possible "even in the first approximation."
"The economic benefit for the peninsula is obvious, regional ports will be loaded,” Aksyonov added.
The Crimea had looked forward to barter with an African country in the past. Benin offered coconuts, cashews and pineapples to Crimeans in exchange for flour and grain. A delegation from Zimbabwe, where a military coup subsequently took place, also came to visit.