A Forum to Introduce Investment Opportunities and Trade in Syria

Tehran- The activities of the forum to introduce the investment opportunities and trade in Syria with the participation of dozens of Iranian economic companies were opened in the Iranian capital, Tehran.

The head of the Syrian delegation, who is Deputy of the Minister of Economy and Foreign Trade for Economic Development and International Economic Relations, Rania Kheder Ahmed, said in a speech during the meeting that the Syrian government has focused its efforts on supporting and enabling economic recovery through securing all elements of the re-production wheel rotation, the continuity of the production process and the mobilization of resources so as to contribute to the restoration of growth and development.

The meeting was attended by the Iranian side, advisor to the First Vice-President of Iran, Chairman of the Committee for Development of Syrian-Iranian Economic Relations, Hassan Danai, Trade and Exports of the Ministry of Industry, Minerals and Trade and representatives of dozens of Iranian commercial, economic and investment companies.

She pointed out that the government is continuing to work on the preparation of a development program for Syria after the war and a new investment law in addition to the law of partnership and the program of substitution of imports and stimulate the private sector.

She also stressed the importance of achieving a large presence of Iranian companies in the Syrian investment arena and in reconstruction, calling on Iranian companies and businessmen to participate effectively in the Damascus International Fair and in the reconstruction exhibition.

"Iran is ready to cooperate with the Syrian side and achieve various investment projects in various sectors," said Mohammad Reza Moudoudi, head of Iran's Export and Trade Development Organization. "Syria offers the best opportunity for investment and trade.

The Iranian companies will participate very effectively in the Damascus International Fair and other exhibitions in Syria, and expressed readiness to provide various forms of support for Iranian companies in this regard, Mr. Moudoudi added.

For his part, the Syrian ambassador in Tehran, Dr. Adnan Mahmoud said in a speech that the convening of this investment meeting in Tehran reflects the will of the Syrian and Iranian governments to enhance economic, trade and investment relations between the two countries and it is an important opportunity to identify the areas of investment and possibilities available in Syria to contribute to the rehabilitation of productive sectors, pointing out that the Syrian government provides all necessary facilities for companies in the private and government sectors to contribute to investment projects.

The Director General of the Syrian Investment Authority, Madyan Diab, said that there are many opportunities to invest in Syria, especially in the field of infrastructure and manufacturing industries, noting that this forum highlights the policies and directions adopted by the Syrian government to encourage investment.

During the meeting, Mr. Diab presented a range of opportunities in the industrial sector in both its transformational and extractive sectors and in the energy and renewable energy sector. He also explained the mechanism and controls of the work of the Investment Authority in Syria for foreign companies.

Director-General of the General Organization for Free Zones in Syria, Iyad Koussa stressed the importance of the forum in promoting joint investments and gave a detailed presentation on the free zones in Syria and the role it plays in promoting trade exchange.

For his part, Tamer Yaghi, Director of Al Basheq for Exhibitions and Conferences, pointed to the importance of the forum in introducing the possibilities and opportunities available for investment in Syria, considering that the active participation in the exhibitions held by Syria will allow the Iranian side to view the needs and requirements of the Syrian market and meet with the Syrian side and achieve investment partnerships that benefit both sides. .

During the meeting, a large meeting was held with the Syrian delegation and representatives of dozens of Iranian economic, productive and investment companies during which the Syrian side answered the questions and inquiries of the Iranian side regarding everything related to investing in Syria and facilitating the successful partnerships between the two sides.

In a statement to SANA on the sidelines of the forum, the Advisor to the First Vice President of Iran, Chairman of the Committee for the Development of Syrian-Iranian Economic Relations, Hassan Dana'i, affirmed the importance of the Damascus International Fair in its 61st session to devote the return of Syria to its development under the unfair economic measures.

He stressed that the participation of Iran this year in the Damascus International Fair will be more effective and will bear great significance and will result from the meetings that will get on the sidelines of the exhibition very good results in the promotion of economic cooperation and trade exchange between the two countries.

Meanwhile, a number of representatives of Iranian companies working in the field of building materials, cement and plastic materials in similar statements expressed their desire to participate actively in the Damascus International Fair, expressing the hope that the exhibition will be an opportunity to present their products and marketing in Syria.

Sh. Kh.

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