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Syrian-Iranian Chamber of Commerce discusses means of boosting economic cooperation

The Syrian-Iranian Joint Chamber of Commerce held a meeting on Tuesday evening at Ebla al-Sham Hotel during which the participants discussed means to enhance economic, industrial and investment cooperation and boost trade exchange between Syria and Iran.

Chairman of the Joint Chamber Omran Shaaban called for establishing joint stock companies in various economic domains between the two chambers of commerce or the public and private sectors in the two countries.

For his part, Head of the Iranian-Syrian Joint Chamber of Commerce Kiwan Kashifi said that the Iranian delegation participating in the meeting includes representatives of companies specialized in different domains such as “electricity, construction, food industries, cement, energy export, medical and household equipment, ,agriculture, crops,  poultry and shipping.”

Kashifi called for setting up a databank on the two countries’ economic activities.

Minister of Internal Trade and Consumer Protection Dr. Atef Naddaf underlined the necessity of developing the Syrian-Iranian economic relations to match the level of the strategic relations between them, calling for activating cooperation through the Joint Chamber of Commerce to delete the obstacles resulting from the sanctions and unilateral coercive measures imposed on both countries.

Minister al-Naddaf called on members of the Joint Chamber to have access to the governmental facilitations provided for the establishments at the industrial zones and cities in Syria.

Iranian Ambassador in Damascus Javad Turk-Abadi called for boosting cooperation between the two sides through the Joint Chamber of Commerce, affirming that there is a great cooperation and mutual interests between Iran and Syria in many domains.

Deputy Chairman of the Syrian-Iranian Joint Chamber of Commerce Fahd Darwish suggested the establishment of Syrian Iranian Joint Stock Company or Joint holding company embracing various companies and laying down joint work programme on investment, industry and trade.

Members of Joint Chamber referred to the lack of the Iranian products’ access to Syria and vice versa, underling the necessity of finding a way for joint financial and banking exchange in order to ease the work of the two countries’ companies. 

In a statement to reporters, Secretary of the Syrian Iranian Chamber of Commerce Mosan Nahhas said that Syria has recently signed two agreements with Iranian businessmen and economists to set up two factories, one for babies’ milk and the other for cancer medicine, referring to the facilitations offered by the Syrian government to these projects. Nahhas added that the machines and equipments of the two factories will arrive by the beginning of 2020.

 Many Iranian companies will participate in the 61st edition of Damascus International Fair with the aim of carrying out economic and investment projects and contributing to the reconstruction stage in Syria.

An Iranian delegation composed of about 30 Iranian businessmen will also visit Syria to participate in Damascus International Fair and to get acquainted with the domains of cooperation and the projects of mutual interest.

Inas Abdulkareem