• Iran team in Syria for 'transformation' in post-war ties

An Iranian delegation has traveled to Syria to pave the way for a post-war "transformation" in their economic ties, Iran's official IRNA news agency reports.

According to Press TV experts from several Iranian ministries were holding talks with Syrian authorities on Monday to finalize a series of agreements signed before, including during a May visit to Damascus by Iran's Minister of Roads and Urban Development Abbas Akhoundi.

"Members of the delegation will be drawing up long-term agreements in the field of economic cooperation to begin a new transformation in the Iranian and Syrian economy during the post-crisis period," IRNA said.

Top on the agenda of the negotiations was banking and customs cooperation in order to boost trade between Iran and Syria, the report said.

The two sides were also to discuss and sign initial agreements on industrial and information technology cooperation, creation of small enterprises, study of water supply networks, establishment of new electricity transmission posts and reconstruction of Syria.       

"The focus of the meeting is to make necessary arrangements for the meeting of the High Commission for Economic Affairs, which will be held in the coming days with the participation of senior Iranian and Syrian officials to finalize the contracts," IRNA said.

According to the news agency, the two sides were examining each other’s capacities in various fields in order to chart out their next steps toward complementing their economic relations.

The meeting of the High Commission for Economic Affairs will be headed by Syrian Prime Minister Imad Khamis and Iran's First Vice President Es'haq Jahangiri and will see the two sides sign a number of documents, including a "strategic document" for economic and cultural cooperation. 

SS

Aug 13, 2018 13:56 UTC
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