Mehrdad Bazrpash, who is also the chairman of the Iran-Syria Joint Economic Cooperation Commission, expressed his satisfaction with the pace of implementation of agreements previously inked between Tehran and Damascus.
He made the remarks in a meeting with Syria’s economy and foreign trade minister.
Bazrpash proposed setting up a joint permanent working committee in the field of energy in order to pursue the implementation of agreements in the fields of gas and electricity.
The minister pointed to the necessity of completion of a rail line between Tehran and Damascus and acknowledged that the Islamic Republic of Iran Railway is fully prepared to conduct feasibility studies for the reconstruction of the rail lines damaged during the war in Syria.
He also announced the operationalization of the launch of a bank branch, insurance company, and joint free trade zones between the two countries.
Syria’s Economy and Foreign Trade Minister Muhammad Samer al-Khalil, for his part, hailed the effective measures the officials of the two countries have taken in launching a free trade agreement (FTA) and cooperation in tourism and transit.