Hosseini urges establishment of Iran-Syria joint bank

IRI Minister of Economy and Finance affairs Sayyed Shams al-Din Hosseini called for immediate establishment of IRI-Syria joint bank.

During a meeting with Syrian Economy and Trade Minister Amer Hassan Lotfi, Hosseini said relations of the Islamic Republic of Iran and Syria is in the benefit of both countries.

Stressing that the two countries’ trade ties should be promoted, he said volume of IRI-Syria economic relations is not appropriate.

The main reasons behind slow growth of the two countries’ trade ties should be studied, he added.

Hoseini said promotion of bilateral and trilateral relations among the Islamic Republic of Iran, Syria, Turkey and other regional nations would decrease effects of the world economic crisis.

Syrian Economy and Trade Minister Amer Hassan Lotfi, for his turn, announced that a gathering will be held in Damascus on February at the presence of Iranian and Syrian businessmen.

He described the gathering as an appropriate opportunity for the two countries’ private sectors to settle their problems and remove some obstacles they are faced with.