ID :
99445
Tue, 01/12/2010 - 00:51
Auther :
Shortlink :
https://oananews.org//node/99445
The shortlink copeid
Tehran-Damascus sign economic MOU
TEHRAN, Jan. 11 (MNA) -- After three days of negotiations, Iran and Syria wound up the eighth gathering of the Economic Follow-Up and Cooperation Development Committee in Tehran by signing an MOU.
The agreement was signed between the Iranian Minister of Housing and Urban Development Ali Nikzad and the visiting Syrian Minister of Economy and Trade Amer Husni Lutfi.
Nikzad stated that the annual trade between Iran and Syria is on the rise and has reached about $330 million, adding that, imports from Syria were only about $16 million.
He said that 36 Iranian companies were operating in Syria, further adding that the Islamic Republic of Iran has over $1.6 billion worth of technical and engineering services projects in hand in the Arab republic.
These projects include the construction of a cement factory, a car manufacturing plant, 10 silos, two power plants, tunnels, water canals, bridges, refinery boilers, a glass factory, manufacturing and repairing a variety of wagons, water and waste water projects, steel, color industry, pharmaceuticals and exporting electric transformer and posts comprise some of the projects.
Nikzad said that the establishment of a joint bank, exhibition cooperation, healthcare, agriculture, housing and urbanization, tourism and private sectors cooperation were negotiated in the meeting.
The Syrian minister said that we must make more efforts to augment economic relations to the same high level as political ties.
He said that the two countries cooperation is based on the views of the high-ranking officials of the two countries and mutual benefit, adding that, they talked about organizing the activities of numerous Iranian companies operating in Syria.
In recent years, Syria and Iran have made plans to enhance their already significant financial cooperation.
In January 2008, Iranian Press TV reported that the two countries planned to speed up the construction of a joint oil refinery.
The agreement was signed between the Iranian Minister of Housing and Urban Development Ali Nikzad and the visiting Syrian Minister of Economy and Trade Amer Husni Lutfi.
Nikzad stated that the annual trade between Iran and Syria is on the rise and has reached about $330 million, adding that, imports from Syria were only about $16 million.
He said that 36 Iranian companies were operating in Syria, further adding that the Islamic Republic of Iran has over $1.6 billion worth of technical and engineering services projects in hand in the Arab republic.
These projects include the construction of a cement factory, a car manufacturing plant, 10 silos, two power plants, tunnels, water canals, bridges, refinery boilers, a glass factory, manufacturing and repairing a variety of wagons, water and waste water projects, steel, color industry, pharmaceuticals and exporting electric transformer and posts comprise some of the projects.
Nikzad said that the establishment of a joint bank, exhibition cooperation, healthcare, agriculture, housing and urbanization, tourism and private sectors cooperation were negotiated in the meeting.
The Syrian minister said that we must make more efforts to augment economic relations to the same high level as political ties.
He said that the two countries cooperation is based on the views of the high-ranking officials of the two countries and mutual benefit, adding that, they talked about organizing the activities of numerous Iranian companies operating in Syria.
In recent years, Syria and Iran have made plans to enhance their already significant financial cooperation.
In January 2008, Iranian Press TV reported that the two countries planned to speed up the construction of a joint oil refinery.
