Syrian-Iranian economic talks to facilitate trade exchange and establish joint free zones

The Minister of Economy and Foreign Trade, Dr. Mohammed Samer Al-Khalil, Chairman of the Syrian-Iranian Joint Economic Committee from the Syrian side, and the Iranian Minister of Roads and Cities Building Rustam Qassemi, head of the Committee from the Iranian side, and his accompanying delegation discussed ways to enhance cooperation, economic relations , trade exchange and activate the terms of the agreements signed between the two countries. .

The two sides discussed the possibility of establishing joint free zones between the two countries and developing investment cooperation. Minister Al-Khalil stated that Investment Law No. 18 of 2021 provides many advantages, tax exemptions and incentives, whether for direct investment from the private sector or in partnership with government agencies.

 

Minister Al-Khalil pointed to the need to increase the volume of trade exchange between the two countries regarding the import of Iranian agricultural machinery .He pointed out that the existence of a regular maritime line  shortens time and ensures the smooth flow of goods movement between Syria and Iran.

For his part, Minister Qassimi stressed the necessity of activating the terms of the agreements signed between the two countries to reach advanced stages in economic relations. He referred to the agreement to solve outstanding problems facing strengthening cooperation and facilitating trade exchange and investment cooperation, in addition to agreeing to form a joint economic committee to follow up on economic cooperation affairs and follow-up issues related to the establishment of an air freight line to export and transport goods between the two countries.

In a statement to reporters after the meeting, Minister Al-Khalil referred to work during the coming period to activate the agreements and put them into practice, especially those related to customs duties and facilitating the entry of goods between the two countries.

 

Inas Abdulkareem

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