Iran private sector opens trade center in Damascus, aims at $1bn export to Syria

Iran Chamber of Commerce, Industries, Mines and Agriculture has opened a trade center in Damascus with the aim of boosting exports to Syria.

20 October 2020
ID : 22619
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Iran Chamber of Commerce, Industries, Mines and Agriculture has opened a trade center in Damascus with the aim of boosting exports to Syria.

The main entrance of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) at Taleghani Street in Tehran. IRAN CHAMBER NEWSROOM

Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has opened a trade center, named “Iran Trade Center”, in Damascus with the aim of boosting exports to Syria.

“The center, a 12-story building situated in a 4,000-square-meter plot of land, has been purchased and equipped by Iran Chamber of Commerce,” said Keyvan Kashefi, the chairman of Iran-Syria Joint Chamber of Commerce.

"Two floors are dedicated to exhibition spaces and the other floors to different services, including marketing, transportation, legal advisory, banking and insurance, among others," he said.

Kashefi said that so far, 24 Iranian companies have established offices in this building.

“The trade center lends us the opportunity to interact efficiently with chambers of commerce belonging to Syria’s other main commercial cities alongside the capital, like Aleppo, Homs and Latakia,” he added.

According to Kashefi, Iran aims to increase annual exports to the Arab country to $1 billion by the end of 2021. 

He believes this newly-inaugurated trade center can play a significant role to achieve this target.

Iran Trade Center building in Damascus.

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