Date: 30 December 2018 , 14:01
News ID: 3116

Iran, Syria Discuss Long-Term Trade Cooperation

Tehran and Damascus in a joint ministerial economic committee meeting exchanged views on long-term strategic trade and commercial cooperation.
Iran, Syria Discuss Long-Term Trade Cooperation

The meeting held in Tehran on Saturday was co-chaired by Iranian Road and Urban Development Minister Mohammad Eslami and Syrian Economy and Foreign Trade Minister Mohammad Samer al-Khalil.

During the meeting, the two sides discussed developing investment cooperation between the two countries.

Eslami and al-Khalil also agreed on a long-term strategic economic cooperation.

The Iranian Road and Urban Development Minister expressed the hope that the agreement would be finalized.

The Syrian economy and foreign trader minister, for his part, said both sides are determined to widen economic ties, including investment, trade, banking and finance.

"We count on Iranian companies to play a major role in reconstruction in Syria," he added.

Senior Iranian officials have repeatedly voiced the Islamic Republic's readiness to help Syria with reconstruction of the war-ravaged country.

In early October, Iran signed an agreement to build a 540-megawatt (MW) gas fired power plant in Syria’s coastal city of Lattakia.

At the request of Damascus, Iran has also been providing military advisory assistance to the Syrian government forces in its fight against foreign-backed Takfiri terrorists.