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Regional and International News>>Syria, Iran Discuss Increasing Volume of Trade Exchange to USD Two Billion 

Syria, Iran Discuss Increasing Volume of Trade Exchange to USD Two Billion 

Apr 30, 2012


TEHRAN, (SANA)- Minister of Economy and Trade Mohammad Nidal al-Shaar and Iranian Minister of Economy, Trade, Industry and Mines Mehdi Ghazanfari stressed the common denominators between Syria and Iran in all domains, asserting the need for enhancing bilateral relations and increasing the volume of trade exchange to USD two billions.
In a meeting held on Sunday between the two Ministers on the sidelines of the 1st Syrian products exhibition in Tehran, al-Shaar hailed the Syrian-Iranian economic and political relations, pointing out that carrying out the Iranian technical and engineering services projects in Syria, as well as, enhancing banking cooperation and goods' transit between them play a key role in deepening relations between the two countries.
Al-Shaar stressed that Syria considers Iran as one of its main partners in the trade domain.For his part, Ghazanfari said that the trade exchange value between the two countries will increase to USD two billions in the next three years.
The Iranian Minister added that Iran attaches special importance to the political and economic cooperation with its neighboring and Islamic countries in the region, especially Syria, pointing out that the two countries have recently signed a series of cooperation agreements on the the economic, trade and law domains.
Meanwhile, Syrian Businessmen discussed with their Iranian counterparts bilateral cooperation in the maritime and land transport domain.
The two sides agreed on the establishment of a joint Syrian-Iranian company.
The five-day Syrian product exhibition kicked off on Saturday in Tehran, with participation of more than 300 Syrian companies.
H. Zain/ Ghossoun
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