Iranian Economy Minister, Syrian Ambassador discuss launching joint investment projects

Tehran, SANA – Iran’s Minister of Economic Affairs and Finance Ali Tayebnia and Syria’s Ambassador in Tehran Adnan Mahmoud discussed means to finalize the steps for launching joint investment projects in the fields of petroleum, gas, phosphates, agriculture, transport, and communications.

During the meeting, Tayebnia said that these planned projects, which come in the framework of the economic cooperation agreement signed by the two countries, seek to establish long-term cooperation that benefits Syria and Iran, as well as rehabilitating and developing the productive sectors in Syria.

The Minister reiterated Iran’s commitment to supporting Syria in all fields, calling on the private sector in both countries to benefit from the cooperation agreement.

For his part, Mahmoud said the planned investment projects benefit both sides and will expand cooperation, noting that Iran and Syria are working to implement the free trade agreement and reduce customs.

Hazem Sabbagh

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