News ID: 318379
Published: 0912 GMT December 01, 2021

Iran, Syria sign four documents on industrial cooperation

Iran, Syria sign four documents on industrial cooperation

Iranian and Syrian officials signed four cooperation documents to boost industrial and economic ties between the two capitals, said an official at the Iran’s trade ministry on Wednesday.

The documents were signed on Tuesday during a visit to Syria by Iran’s Minister of Industry, Mining, and Trade Reza Fatemi Amin.

According to Alireza Peyman-Pak, deputy trade minister of Iran, the Iranian minister also met with his Syrian counterpart where the two reviewed Tehran-Damascus industrial cooperation, Mehr News Agency reported.

The official further noted that the four cooperation documents were signed during the trade committee and industrial committee sessions between the two countries.

Elsewhere in his remarks, Peyman-Pak said the Iranian minister also visited a number of places and projects in Syria, including Iran’s House of Innovation and Technology and its trade center in Damascus, and the Syrian-Iranian Automobile Manufacturing Company (SIAMCO) and Kaveh Glass manufactory in Adra Industrial City, suburbs of the capital.

According to Syria’s official news agency, SANA, Iran’s trade center opened in the Free Zone of the capital Damascus on Tuesday to host offices of major Iranian trade and manufacturing companies, including those active in agriculture and construction activities.

While in Damascus, the Iranian minister also reiterated Tehran’s readiness to help Damascus rebuild its manufacturing sector, especially the once-booming textile industry in the Arab country. 

Keyvan Kashfi, a businessman watching over private sector trade between Iran and Syria, told Iran’s IRNA agency that the center will help boost the presence of Iranian companies in Syria at a time the Arab country is seeking increased foreign investment to emerge from nearly a decade of terrorism and war.

Fatemi Amin also held a key meeting with Syrian Prime Minister Hussein Arnous on Tuesday and attended Iran's second specialized exhibition in Syria, he noted.

The minister was set to finalize a free trade agreement between Iran and Syria during his visit to Damascus. There was no mention of the deal in reports in the Iranian or Syrian media outlets about the trip, as reported by


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