Iran, Syria target $500m of trade in 2022

TEHRAN – Head of Iran-Syria Joint Chamber of Commerce has said the two countries plan to increase their trade turnover to $500 million in 2022, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.

By Ebrahim Fallahi

Syria, a huge capacity for Iranian construction, engineering services exports

TEHRAN – Over the past few years and since the end of the war in Syria, Tehran, and Damascus have been taking major steps for expansion of mutual trade ties, and considering Syria’s efforts for reconstructing the country’s war-torn infrastructures, the construction sector has been one of the major areas that Iran has been focusing on for the expansion of ties with the Arab country.

Iran allocates budget to promote exports to Syria

TEHRAN – Head of Iran’s Trade Promotion Organization (TPO) has said the country has allocated a special budget of $50 million to support the Iranian export companies active in the Syrian market, IRNA reported on Thursday.

Exclusive exhibit of Iranian products to be held in Syria in early Dec.

TEHRAN – Syrian Capital Damascus is going to host the second exclusive exhibition of Iranian goods during November 29-December 3, IRIB reported.

Iran-Syria free trade agreement to take effect soon

TEHRAN – A free trade agreement signed between Iran and Syria back in 2010 is going to be implemented soon after years of postponement, Farzad Piltan, the director-general of Iran's Trade Promotion Organization (TPO)'s Office of Arabian and African Countries announced.

Iran’s export to Syria increases 36% in 4 months on year

TEHRAN- The chairman of Iran-Syria Joint Chamber of Commerce said that the value of Iran’s export to Syria has risen 36 percent in the first four months of the current Iranian calendar year (March 21-July 22), as compared to the same period of time in the past year.

Iranian trade delegation to visit Syria in late July

TEHRAN- Iran-Syria Joint Chamber of Commerce will dispatch a delegation of Iranian traders and businessmen to Syrian in late July.

Exports to Syria jumps 73% in 2 months on year

TEHRAN- Iran’s value of export to Syria hit $49 million during the first two months of the current Iranian calendar year (March 21-May 21), which was 73 percent higher than the figure for the same period of time in the past year, a director in Iran’s Trade Promotion Organization (TPO) announced.

Iran, Syria stress facilitating barter trade to boost economic ties

TEHRAN – Iranian Transport and Urban Development Minister met with Syria’s Internal Trade and Consumer Protection Minister Talal al-Barazi to discuss ways for expanding trade ties between the two countries.

Tehran, Damascus put expansion of co-op in construction, transport on agenda

TEHRAN – Iranian Transport and Urban Development Minister Mohammad Eslami has traveled to Syria on top of a delegation to meet with Syria’s senior officials for discussing the expansion of ties, especially in civil construction and transportation.

Iran, Syria to establish joint bank, SWIFT to facilitate trade

TEHRAN - Gol Mohammadi, a member of Iran’s headquarters of economic development with Iraq and Syria, said on Saturday that Iran is going to launch a joint bank and internal SWIFT system with Syria to facilitate bilateral trade.

Iran’s 7-month export to Syria stands at $73m

TEHRAN- Iran exported commodities worth $73 million to Syria during the first seven months of the current Iranian calendar year (March 20-October 21), according to an official with Iran's Trade Promotion Organization (TPO).

Iran considering rail transport for boosting cargo exchange with Syria

TEHRAN - Iran's Trade Promotion Organization (TPO) has hosted a meeting for discussing rail freight transportation between Iran and Syria, Farzad Piltan, director-general of TPO’s Office of Arabian and African Countries, said.

Syria ready to provide facilities to Iranian companies: envoy

TEHRAN - Syrian ambassador to Tehran expressed his country’s readiness for providing facilities to Iranian companies which contribute to Syria’s reconstruction, IRNA reported on Tuesday.

Iran, Syria determined to expand trade ties

TEHRAN – Iran and Syria’s first joint trade committee meeting was held in Damascus on Wednesday, during which the two sides stressed their willingness for further expansion of economic ties.

Iran, Syria agree to jointly manufacture passenger cars

TEHRAN – Iran and Syria signed an agreement for joint manufacturing of passenger cars, Fars news agency reported.

Iran-Syria good political relations can support mutual trade: official

TEHRAN - Keyvan Kashefi, the chairman of Iran-Syria Joint Chamber of Commerce, said the two countries’ good political relations can help the two sides’ traders to boost economic relations, IRNA reported on Wednesday.