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Iran, Syria sign economic MoU

Damascus, Iran's Minister of Roads and Urban Development Abbas Akhoundi and Syrian Minister of Economy and Foreign Trade Samer al-Khalil signed an economic document on Friday that will open a new chapter in the two countries' relations.

The memorandum of understanding (MoU) will prepare the grounds for holding a high joint commission meeting at the level of Syrian prime minister and Iran's vice-president, aimed at finalizing the MoU.

The strategic MoU covers some economic and cultural issues.

The main subjects of the document are trade and other specialized issues on transportation, industry, banking, and reconstruction.

Akhoundi arrived in Damascus on Thursday. He is scheduled to meet with senior Syrian officials during his stay in the country.

Source: Islamic Republic News Agency - IRNA


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