News ID: 275720
Published: 0456 GMT October 19, 2020

Joint chamber VP: Iran, Syria hold talks on conducting barter trade

Joint chamber VP: Iran, Syria hold talks on conducting barter trade

Iranian and Syrian officials have held talks on conducting barter trade and transactions.

The remark was made by Fahd Darwish, the vice president of Iran-Syria Joint Chamber of Commerce, on Monday following the inauguration of Iranian Trade Center in Damascus, Mehr News Agency reported.

He stressed that members of Iran-Syria Joint Chamber of Commerce are scheduled to meet this week with the Syrian Minister of Economy and Foreign Trade Samer al-Khalil to discuss proposals for barter trade and some related issues.

Darwish added that the joint chamber members recently met with Syria’s Minister of Internal Trade Talal Barazi to present their proposals for resolving bilateral trade problems.

In early 2019, Iran and Syria signed 11 deals and MoUs, including a long-term economic and strategic cooperation agreement to strengthen cooperation between the two countries.

On Sunday, the head of the two countries’ joint chamber of commerce, Keyvan Kashefi, said the establishment of the Iranian Trade Center in Damascus is a step toward achieving an annual target of exporting non-oil goods worth $1 to Syria.

Kashefi added the center’s building has been constructed in an area of 4,000 square meters and purchased, equipped and become operational using the investments by Iran-Syria Joint Chamber of Commerce, IRNA reported.

He noted that the center’s building has 12 floors, of which two are used for holding exhibitions and the rest for offering different services in the fields of marketing, transport and providing legal, banking, insurance and exhibition consultations.

Kashefi said the building has an excellent geopolitical position for setting up companies and conducting economic activities.

Noting that the center has been fully equipped and has meeting halls for holding economic conferences, he gave the assurance that launching the center has made it possible to establish connections with chambers of commerce, industry and agriculture in important Syrian cities such as Damascus, Aleppo, Homs and Latakia.

“At present, 24 Iranian companies have begun their activities at the center.”



Resource: Mehr News Agency
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