Tag Archives: Syria

Tehran and Damascus will sign a Memorandum of Understanding (MoU) which paves the ground for Iran'.s cooperation with Syria in reconstruction of its water and sewage infrastructures.

The Syrian minister has traveled to Tehran at the invitation of Iran'.s minister of roads and urban development in a bid to form the Iran-Syria Joint Executive Committee for Housing and Urban Development.

Ardakanian made the remarks at a press conference on the sidelines of the signing ceremony of the agreement between Tehran and Damascus.

The MoU was signed on Saturday by Iran’s Energy Minister Reza Ardakanian and Syria’s Minister of Electricity Muhammad Zuhair Kharboutli.

Syria is not considered a major oil producer.

All hydrocarbon reserves are the property of Syria.

A senior Iranian trade official said that the economic exchanges between Tehran and Damascus can grow 10 fold given the two countries'. potentials and friendly ties.

The presence of the Syrian official in Tehran could be considered as a starting point for oil and energy cooperation between Tehran and Damascus.

Iranian Oil Minister Bijan Namdar Zanganeh said that Iranian companies are active in rebuilding and reconstructing Syria.

The volume of trade between Iran and Syria in the first 5 months of the current local calendar year has increased by 25% in comparison with the corresponding period in the last year. an official said.