1. All Stories
  2. Politics
  3. Economy
  4. World
  5. Nuclear
  6. Society/Culture
  7. Space/Science
  8. Sports
  9. Tourism
  10. Other Media
  11. Videos
  12. Photos
  13. Cartoons
  14. Interview
    • فارسی
    • عربی
    • Türkçe
    • עברית
    • Pусский
  • RSS
  • Telegram
  • Instagram
  • Twitter
  • Facebook
  • All Stories
  • Politics
  • Economy
  • World
  • Nuclear
  • Society/Culture
  • Space/Science
  • Sports
  • Tourism
  • Other Media
  • Videos
  • Photos
  • Cartoons
  • Interview

Iran, Syria Agree to Establish Joint Bank, Insurance Company to Boost Economic Cooperation

  • May, 04, 2023 - 10:14
  • Economy news
Iran, Syria Agree to Establish Joint Bank, Insurance Company to Boost Economic Cooperation

TEHRAN (Tasnim) – Iran and Syria reached an agreement to set up a joint bank and an insurance company during a historic visit by Iranian President Ebrahim Raisi to Damascus.

Economy

Launching a joint bank and an insurance company as well as the annual dispatching of 50,000 pilgrims to Damascus are part of a cooperation document inked between senior officials of the two countries on Wednesday.

Head of the Iran-Syria Joint Commission of Economic Cooperation Mehrdad Bazrpash said the Comprehensive Program of Strategic and Long-Term Cooperation between the Islamic Republic of Iran and Syrian Arab Republic and 14 other cooperation documents were inked by the presidents and high-ranking officials of the two countries.

He said the signing of 15 cooperation documents between Iran and Syria which is unprecedented, adding that they would facilitate the economic activities between the two sides' businesspersons.

Based on one of the cooperation agreements, 50,000 Iranian pilgrims will annually travel to Syria for visiting the holy places in the country, including the holy Shrine of Hazrat Zeynab (SA) and Hazrat Roghayeh (SA).

Regarding the establishment of a joint bank and an insurance company between Iran and Syria, Bazrpash stated, “In a joint meeting held in the presence of Iranian Minister of Economy Seyed Ehsan Khandouzi, the two sides agreed to launch a joint bank and an insurance company for boosting economic activities between the two countries.”

Heading a high-ranking political, economic and cultural delegation, Raisi arrived in the Syrian capital of Damascus on Wednesday at the official invitation of his Syrian counterpart Bashar al-Assad.

 
R1651/P
Read more
Raisi Hails Iran, Syria Nations’ Resistance against Pressures, Sanctions
Iran, Syria Ink Strategic Cooperation Deal
Iran’s Export of Non-Oil Products to Syria Up 11.4%: Spokesman
tasnim
tasnim
tasnim
  • About
  • Contact Us
  • Most Visited
  • Archive
Follow Us:
  • RSS
  • Telegram
  • Instagram
  • Twitter
  • Facebook

All Content by Tasnim News Agency is licensed under a Creative Commons Attribution 4.0 International License.