Iran private sector ready to help Syria reconstruction

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Samad Hassanzadeh has said that the Iranian private sector is ready to help the reconstruction of Syrian infrastructure and industrial sector.

2 May 2024
ID : 45488
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President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Samad Hassanzadeh has said that the Iranian private sector is ready to help the reconstruction of Syrian infrastructure and industrial sector.

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture Samad Hassanzadeh (right) and his Syrian counterpart Muhammad Abu Al-Hoda Al-Lahham are seen in a meeting in Tehran, Iran, April 1, 2024.

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Samad Hassanzadeh has said that the Iranian private sector is ready to help the reconstruction of Syrian infrastructure and industrial sector.

Hassanzadeh made the remarks during a meeting in Tehran on Wednesday with his Syrian counterpart Muhammad Abu Al-Hoda Al-Lahham.   

The meeting took place as a Syrian delegation is on a visit to the Iranian capital to participate in Iran Expo 2024.

Addressing the meeting, the Iranian side said that the low level of exchanges between Iran and Syria are mainly due to failing to implement a free trade agreement signed between the two countries 13 years ago as well as problems on the way of banking transactions.  

Hassanzadeh said that Syria should give a list of its priorities and plans to Iran so that the Iranian investors can help the reconstruction and renovation of the industries of the war-hit country.

He stressed that expansion of economic cooperation between Iran and Syria would require the establishment of regular transportation lines and further money exchanges between the two countries.

The president of the Federation of Syrian Chambers of Commerce, in the meantime, said that the volume of trade exchanges between Iran and Syria does not match their political relations.

Al-Lahham noted that problems on the way of road transportation, trade tariffs, as well as monetary and financial exchanges are the main obstacles hindering bilateral trade between Iran and Syria.  

He welcomed the presence of Iranian companies in construction projects in Syria, voicing the readiness of his country to provide the Iran Chamber of Commerce with a list of the Syrian priorities for development and reconstruction.

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