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Iran eyes manufacturing goods in Syria, exporting final products to third countries

Business Materials 30 November 2021 14:36 (UTC +04:00)
Iran eyes manufacturing goods in Syria, exporting final products to third countries

TEHRAN, Iran, Nov. 30

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Iran is able to manufacture any types of goods in Syria and then export the final products to other regional countries via Syria, Iran`s Minister of Industry, Mine and Trade Reza Fatemi Amin said, Trend reports citing IRNA.

Fatemi Amin made the remarks during his visit to Damascus.

He added that the key point for Iran is to establish a balanced economic relationship with Syria.

Iran has prepared several practical proposals for Syrian ministers, in order to boost the economic cooperation between the two countries.

Meanwhile, Syrian officials claim the country's new investment laws provide good opportunities for foreign investors.

Syria's Economy and Foreign Trade Minister Samer al-Khalil noted that Iranian companies have significant experience and capabilities a Syria is interested in offering them customs and tax privileges.

"There is no doubt that the economic authorities of Tehran and Damascus are seeking trade and economic development that would serve the interests of both countries," he added.

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