Home
On: Friday 29/7/2011 6:07
Baghdad / follow-up term economic
Syria and Iraq agreed to increase trade and strengthen their relations in the context of talks conducted by the Syrian officials in Baghdad.
Iraq seeks to open up areas of multiple investment with regional countries that have participants economical with him, including Iran, Syria, Turkey, Jordan, Egypt and other countries.
The trade minister said Khairallah Babiker at a news conference: "The Committee decided the Iraq-Syria (in its) raise the level of trade exchange and activation of commercial activities between the two countries."
and Iraq is an important trade partner of Syria, in terms of volume of trade amounting to about three billion dollars, mostly for the benefit of Syria.
He Babiker "sign of Iraq tomorrow, the Convention on the important economic with the Syrian side, headed by the Minister of Commerce, which focuses on activating the development of the ability of the private sector in both countries and exchange of business information and development of investment projects."
being the Minister of Economy and Trade, Syria Mohamad Nedal logo economic talks with Iraq during visit currently undertaken to Baghdad, accompanied by senior officials, in addition to about 136 businessmen to participate in meetings of the Joint Ministerial Committee of the Syrian-Iraqi.
said Babacar The Commerce Department will form a permanent committee to coordinate trade with the Ministry of Economy and Trade of Syria.
comes this update of the round of talks held by the Syrian Business Council -Iraqi in Baghdad, the end of June last.
visited the Syrian Foreign Minister Walid al-Muallem at the beginning of June last Baghdad at the head of high-level delegation met with Prime Minister Nuri al-Maliki, who called for the revitalization of economic cooperation and trade exchange in the interest of the two countries.
After this visit a few days the two countries have economic leap forward them through signing a memorandum of understanding dealing with the construction of system of oil pipelines and gas to transport crude oil and gas Iraqis through Syria, that is to start pumping Iraqi oil by the end of this year.
This is expected to conclude Iran with Iraq and Syria signed a tripartite agreement to extend pipeline to export Iranian gas to Syria, and from there to European markets at a later stage, in a project described as the largest convention in the Middle East to export Iranian gas.
The three countries have begun talks on the project since the beginning of 2009 and signed by Iran and Syria at the beginning of the current agreement primarily to extend a pipeline to transport gas, and formed a working group of the three countries for the preparation of studies on the pipeline.
These developments come after the imposition of the European Union and United States sanctions against Syria, against the backdrop of the events taking place, followed by actions of the Syrian government enhanced growth opportunities for trade between the two countries.
Among the the most important measures exemption Syrian exports to Iraq of the tax and customs to facilitate the activity of Syrian and Iraqi traders in the commodity exchange.
[You must be registered and logged in to see this link.]
