News ID: 236614
Published: 0353 GMT December 29, 2018

Syria, Iran discuss strategic long-term cooperation deal

Syria, Iran discuss strategic long-term cooperation deal

Members of the Syrian-Iranian Joint Ministerial Economic Committee attended a meeting on Saturday in Tehran, co-chaired by Syria's Minister of Economy and Foreign Trade Mohammad Samer al-Khalil and Iran's Minister of Roads and Urban Development Mohammad Eslami.

The meeting was held to discuss expansion of economic and investment cooperation between the two countries and reach a consensus on long-term strategic economic cooperation agreement, SANA reported.

Al-Khalil said that the two countries are determined to develop economic relations, as the economic sector must have priority in cooperation between them, since developing investment, trade, banking, and financial relations would contribute to economic development and improve trade exchange.

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

Esmali hoped that the agreement will be finalized and added that one of the most important aspects of this agreement is motivating the Iranian sector to work in Syria.

In October, Iran's ambassador to Syria said that Iran and Syria need to increase cooperation to establish a region powerful in economy and trade.

Javad Torkabadi said, "We can create a powerful economic region through our strong bonds and God willing, we will soon witness a wider presence in each other's capitals."

Noting the extensive scope for economic activities in Syria, he said, "These grounds would provide great opportunities for the Iranian side in the reconstruction of Syria."

Torkabadi described the two countries' economies as complementary to each other.

The ambassador had earlier this month said that Tehran and Damascus had the capacities to broaden mutual economic and trade cooperation.

"Iranian and Syrian businessmen need to get more acquainted with the economic opportunities of the two countries to help develop bilateral relations," Torkabadi said.

Iranian and Syrian private sectors and investors, he pointed out, had established sound relations in the recent international exhibition in Damascus. "Iranian and Syrian business operators are trying to further develop economic exchanges," Torkabadi added.

He hoped that the private sectors of the two countries would help consolidate bilateral economic relations.

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