| Iranian Industries and Mines Minister Ali-Akbar Mehrabian and Syrian Industry Minister Fouad Issa Aljouni agreed in Tehran on Friday to establish 6 joint industrial companies. | |
|
In a separate meeting in Tehran, Iran's deputy commerce minister and Syria's deputy minister of economy and trade signed a draft of free trade agreement (FTA) to enhance the two-way transactions. Iranian Commerce Minister Mehdi Ghazanfari and Syrian Minister of Economy and Trade Lamia Assi were present in the signing ceremony, IRNA news agency reported. Ghazanfari expressed hope that the agreement will boost the two countries' annual trade value to $2 billion from the current $400 million. In April, Iran and Syria signed 17 memorandums of understanding to reinforce mutual cooperation. Based on the agreements, Tehran and Damascus will boost cooperation in the fields of trade, banking, transportation, telecommunications, information technology, health, culture, education, tourism and agriculture. |
...