|
Trending Topics
|
Source: http://www.upi.com/Emerging_Threats/2009/07/02/Iran-Syria-push-economic-ties/UPI-85371246556440/
Iran, Syria Push Economic Ties
[UPI] Mohammad Saeidikia, the Iranian housing and urban development minister, met with Syrian Trade Minister Amer Husni Lutfi for two days in Damascus last week to develop bilateral economic ties further. Engineering companies active in Syria have set up 11 different economic projects that have generated more than $1.3 billion in the decade since they were established. Trade between both countries stands at $350 million per year. Saeidikia called for the establishment of free-trade agreements between Syria, Iran, Iraq and Turkey. Damascus recently announced the opening of a rail line from Syrian ports on the Mediterranean to Basra on the Persian Gulf.