The Forum for Partners in Iran's Marketplace
 
 
 
 
 
 
     

January 2003 / No. 21


Trade & Business

Bold 5 Fold Boost

Iran’s First Vice President, Mohammad-Reza Aref, in ceremonies marking “Syria Day” in Iran called attention to the growing desire for expanding relations between Iran and Syria and said Tehran is eager to boost the level of cooperation with Damascus.

In his speech to the Syrian delegation and those partaking in the ceremony, he called for more deliberation and exchange of information and political and economic delegations in view of the complex situation existing in the region. He said the visit of the Syrian Prime Minister and his accompanying economic delegation tells of a promising future of cooperation between the two countries. 

He then went over Iran’s scientific and technical capabilities in the fields of dam and power plant construction, parts manufacturing, communications, oil and gas industries to be tapped in Tehran Damascus relations. He pointed to the five-fold increase in trade cooperation and the allocation of a $50 million credit line by Iran for Syria, to set the grounds for fruitful cooperation and exchange between both countries’ private sectors. He announced the desire of Iranian experts and contractors to undertake projects in Syria.

Syria’s Deputy Prime Minster in Economic Affairs, Mohammad Alhussein, acknowledged that the trade and economic cooperation between Tehran and Damascus lacks the maturity of their political relations. While recognizing a great capacity and potential for expansion in relations, he said Iran and Syria must endeavor to establish bilateral relations with the view to the prowess of the two sides.

Alhussein called for the creation of joint private-sector companies and reiterated the private sector’s important role in fulfilling the wishes of the people and governments of Iran and Syria. He then called on Iranian investors, merchants and industry-owners to participate in Syria’s economic projects and confirmed the security of investments guaranteed by the Syrian government.

 

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  Jan. 2003 / No. 21