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Syrian government and Iran sign draft agreement on Iranian long-term investments in Syria

Editing: Hasan Borhan |
TranslationEditor: Vera Halvorsen |
Translation: Muhammad Ghaith
Publication date: 2018/12/30 19:52

Turkey - SMART

On Sunday, the Syrian Ministry of Economy and External Trade and Iranian Ministry of Roads and Constructing Cities signed a draft agreement that offers Iran long-term investments in Syria.

The Syrian news agency SANA reported Muhammad al-Khalil, the Syrian minister of external trade as saying that the agreement of economic and strategic cooperation includes cooperating in the financial, banking, and reconstruction fields.

On March 27, 2018, the Syrian government offered the Iranian Jihad al-Binaa Organization the right of property and purchasing estates in the city of al-Bukamal in Deir al-Zor, Eastern Syria, according to activists.

Earlier, Hussein 'Arnous, the Syrian government minister of public works and housing, and Abbas Akhondi, the Iranian minister of roads and constructing cities, discussed reconstructing Syrian cities.

Many Syrians accuse Iran of approaching expandatory policies by spreading its religious notions, opening Shia Muslim places of worship (Syria is predominantly Sunni), and buying estates in Damascus and Deir al-Zor. Other Syrians accused Iran of starting fires in shops in ancient Damascus to force their owners to sell them to Syrian government figures that support Iran. The traders refused to sell their shops.