Syrian-Iranian Talks Focus on Long-Term Strategic Economic Cooperation

TEHRAN, (ST)- Syria and Iran on Saturday held a round of economic talks co-chaired by Syria's Minister of Economy and Foreign Trade Mohammad Samer al-Khalil and the Iranian Minister of Roads and Urban Development Mohammad Eslami.

The talks focused on expanding cooperation in all economic domains and investment.

The two sides reached a deal concerning a draft agreement on long-term strategic economic cooperation.

A-Khalil stressed that both Syria and Iran have real will and determination to boost economic ties, pointing out that economic cooperation between the two countries should be given priority, particularly in the light of the unilateral coercive measures imposed by the West on the two countries as to weaken their abilities.

Khamis meets industrialists in al-Qaboun area, enhancing investments discussed


Damascus - Prime Minister Imad Khamis on Wednesday met a number of industrialists in al-Qaboun area to listen to their demands to set solutions that take into consideration preserving public and private properties of the facilities’ owners in framework of developing the area in terms of regulations and investments, SANA reported.

The meeting was held in presence of Minister of Local Administration and Environment Hussein Makhlouf, Minister of Public Works and Housing Hussein Abdul-Latif and Chairman of the Board of Damascus Chamber of Industry Samer al-Dibis and about 50 industrialists.

Participants in the meeting agreed on classifying the factories and facilities in the area by Damascus Chamber of Industry into those which are ready to be put into service and start production and those which are partially destroyed and whose owners are willing to rehabilitate them and the factories and facilities which are completely destroyed whose owners are willing to rebuild them.

Law issued exempting clients of Agricultural Coop Bank from interests and fees for loans


Damascus – President Bashar al-Assad on Wednesday issued Law no. 46 for 2018, exempting clients of the Agricultural Coop Bank from all contractual interests and fines and interests for overdue loans, SANA reported.

The law doesn’t cover debts for private sector clients that exceed SYP 5 million, and the exemption requires the client to make a payment of 5% of the tabulated account capital.

Government Has Put Comprehensive Strategy to Develop the State Institutions: PM

DAMASCUS- Prime Minister Imad Khamis said on Monday that the government has put a comprehensive strategy to develop all sectors of the state institutions in a way that positively affect the national economy and the life of the citizen, according to SANA.

Khamis, during a meeting of members of the General Federation of Trade Unions, added that the state spends nearly 200 million USD per month to ensure the basic requirements for citizens including wheat and oil products.

He stressed that the national project for administrative development is running perfectly, adding that an executive program has been put to reform the institutions of the public sector.

Rehabilitation of the Irrigation Sector Discussed with FAO

Damascus- The second consultative meeting organized by the Ministry of Agriculture and Agrarian Reform and the Ministry of Water resources in cooperation with the Food and Agriculture Organization of the United Nations (FAO) discussed here on Wednesday the irrigation and water resources situation in Syria, the prospects of rehabilitation of the destroyed irrigation projects and the future objectives of the development of the agricultural sector.