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Mokhber sends bill for strategic economic pact with Syria to Parliament
According to Article 77 of Iran’s Constitution, any treaty, convention, contract, and international agreement between Iran and other countries or international institutions must be approved by the Parliament, IRNA reported.
This bill was approved by the Cabinet on June 16. It was proposed by the Ministry of Roads and Urban Development, which leads the Iran-Syria Joint Economic Commission.
The cooperation agreement with Syria will last 20 years and can be extended.
Meanwhile, the Free Trade Agreement (FTA) between the Islamic Republic of Iran and the Eurasian Economic Union (EAEU) was sent to the Iranian Parliament for approval.
The FTA is aimed at strengthening the relations and multilateral cooperation between Iran and the EAEU member states, creating suitable conditions for the development and facilitation of cooperation and mutual trade-economic relations and increasing business opportunities based on mutual trust.
Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia are the five member states of the Minsk-headquartered organization.