Syrian-Iranian Business Forum discusses boosting joint trade, investment

Syrian-Iranian Business Forum discussed ways to develop joint trade and investment work along with activating the business sector in the two countries, with the aim of upgrading economic relations.
During the forum organized by Joint Syrian-Iranian Chamber of Commerce in Damascus, Deputy Minister of Internal Trade and Consumer Protection of Syria Rasha Karkouki affirmed the ministry’s readiness to provide all possible facilities to boost Syrian-Iranian relations, SANA reported.
For his part, Deputy Chairman of Syrian Chambers of Commerce Federation Mazen Hammad, highlighted the fruitful cooperation between the two countries over the recent period in the field of building power plants and benefiting from expertise in the field of renewable energies.
Chairman of Joint Syrian-Iranian Chamber of Commerce Fahd Darwish underlined the importance of exerting all possible efforts to activate relations and the signed agreements between the two sides through cooperating with the private sector.
In turn, Iranian Ambassador to Syria Hossein Akbari stressed that in the upcoming stage, the Iranian Embassy will focus on enhancing economic cooperation between the two countries, as a free trade agreement has been signed and it will come into force next week, which will enable merchants to exchange goods without customs tariffs and without obstacles.
The ambassador noted that a joint insurance company was established and it is ready to be launched.
He noted that work is underway with banks in Iran to activate the mechanism of trade exchange in the local currency, and to prepare the infrastructure to increase the volume of Syrian-Iranian investments and overcome the sanctions imposed on both countries.

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