IFP Exclusive

Iran, Syria Sign 18 Deals to Expand Business Ties

Iran and Syria have signed at least 18 deals as part of a larger plan to expand their trade ties amid the US unilateral sanctions on the Islamic Republic.

The deals were signed during the visit of a Syrian business delegation to Tehran.

Mahmoud Naser al-Fotouh, the head of the Syrian delegation, expressed the hope that the economic and trade ties between Tehran and Damascus could increase as much as the current high level of political relations between the two nations.

In a Monday meeting with officials of Iran Chamber of Cooperative, the Syrian official said the two strategic allies have sacrificed many of their people to liberate the Arab country from the terrorist groups.

“Therefore, our economic and trade ties as well as joint investments should increase to a level that is proportional to the extensive political relations between the two nations,” he noted.

He then referred to a series of meetings that have been held between Syrian and Iranian high officials to facilitate expansion of ties amid the challenges created by the US’ unilateral sanctions and said so far at least 18 agreements have been signed at the University of Tehran between Iran and Syria in this regard.

Al-Fotouh also said Syria attaches significant importance to Iran as a partner in it reconstruction era and added Iranians stood behind Syria during the Arab country’s hard times.

“Many young Iranians sacrificed their lives to liberate Syria from terrorist groups. So, the country should have a significant role in the reconstruction of Syria,” he said.

He described trade ties between Iran and Syria as strategic and long-term and said Syria gives priority to the countries playing a role in Syria’s fight against terrorists in its reconstruction era and said Syria will invite Iranian public and private sectors to launch projects in the reconstruction era of the country.

He finally called on Iranian economic players to visit Syria for playing a role in the country’s reconstruction.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

Historic all-Women flight lands in Mashhad

For the first time in Iran's aviation history, a flight carrying an all-female crew and…

8 hours ago

Tehran Cyber Police shut down 40 Instagram accounts of harassers

Tehran’s Cyber Police Chief, Brigadier General Davood Moazzami Goudarzi, announced a crackdown on individuals causing…

10 hours ago

Qatar warns may stop gas shipments to EU amid Russia-Ukraine war

Doha will stop gas shipments to the EU if member states enforce new legislation on…

10 hours ago

UK armed forces struggling for recruits: Telegraph

At least 15,000 British soldiers left the country's Armed Forces between November 2023 and October…

10 hours ago

Nearly 85k Russian soldiers killed in Ukraine: Report

Journalists have identified the names of 84,761 Russian soldiers who died during the war in…

14 hours ago

US downs own warplane while bombing Yemen: Pentagon

The United States Navy has inadvertently shot down its own F/A-18 fighter jet in a…

15 hours ago