Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Iran and Syria economic relation
#1
Iran, Syria to develop banking ties, set up joint bank: Report
Mon Sep 2, 2019 03:46PM [Updated: Mon Sep 2, 2019 06:31PM ]

  1. Home
  2. Iran
  3. Economy
[Image: 3ebb18f7-52a4-4852-8407-c862f381ebe0.jpg]
This photo published on the website of the central bank of Iran on September 2, 2019 shows CBI chief Abdolnasser Hemmati and his Syrian counterpart Hazem Karfoul signing documents after a meeting in Tehran.
Iran and Syria have vowed to expedite efforts for establishing a joint bank that could help the two allied countries deepen their trade and economic relations.

A report on the website of the Central Bank of Iran (CBI) on Monday showed that the two countries were intent on removing last hurdles to set up The Joint Iran-Syria Bank to accelerate financial transactions.

The report, which came out of a meeting between CBI Governor Abdolnasser Hemmati and his Syrian counterpart Hazem Karfoul in Tehran, said the two sides had agreed to execute banking agreements reached between the two in the recent past.

“Iran-Syria economic relations have entered a new phase and recent banking deals are an important message for companies and a serious step for expansion of exchanges between trades and businesses of the two countries,” said Hemmati during the meeting.

The CBI chief also demanded the Syrian government to remove the last remaining obstacles in the way to set up the joint bank as required by a memorandum of understanding signed between the two countries.

undefined
PressTV-Iran eases visa rules for Qatari nationals: Report
Iran is to start offering visa on arrivals to Qatari nationals visiting the country, Doha officials say.

The report said Iran and Syria had already agreed on joint mechanisms that could bolster economic exchanges between the two, including the use of local currencies in bilateral trade, injecting more credit to schemes jointly run by banks of the two and launching a system that could enable citizens of the two countries to use special payment cards during visits.

Hemmati said during the meeting that Iran was ready to further help Syria banking sector develop after years of war in the country that has affected its financial services and their relation with the rest of the world.

He said Iran would specifically provide Syria with services in banking technologies related to currency printing and electronic payment systems.

The Syrian chief banker, for his part, said during the meeting that Iran could be of great help to Syria in rebuilding its banking system after the war.

Karfoul said a Syrian delegation would arrive in Tehran soon to be briefed in detail about the potentials existing in Iran’s banking system that could be of help to Syria.
https://www.presstv.com/Detail/2019/09/0...ti-Karfoul
#2
Iran sends Syria millions of barrels of oil every month. For free.

Iran produces much more oil than it can export currently and has full reserves so there is plenty of oil to go around.

The opportunities for the IRGC in the rebuilding of Syria will be huge, and helping the Syrian people against a foreign-backed jihadist uprising is worth it anyway.

#3
(09-05-2019, 01:22 PM)Persian Gulf Wrote: Iran sends Syria millions of barrels of oil every month. For free.

Iran produces much more oil than it can export currently and has full reserves so there is plenty of oil to go around.

The opportunities for the IRGC in the rebuilding of Syria will be huge, and helping the Syrian people against a foreign-backed jihadist uprising is worth it anyway.


my dude
nothing is for free
they are selling benzene and oil to gov and people
people pay in cash and Syrian government have diff ways to pay its debt to Iran.
#4
(09-06-2019, 09:20 AM)Subwater Wrote: my dude
nothing is for free
they are selling benzene and oil to gov and people
people pay in cash and Syrian government have diff ways to pay its debt to Iran.
Syrian government is not paying for this oil, of that I am very sure. Not in direct cash at least, but in giving IRGC companies contracts for development projects etc.
#5
(09-06-2019, 02:18 PM)Persian Gulf Wrote: Syrian government is not paying for this oil, of that I am very sure. Not in direct cash at least, but in giving IRGC companies contracts for development projects etc.

They are not paying in cash, but that does not mean they are not paying, as I said Syrian government have others ways to pay.
#6
very Good news
It seems today land corridor was open in Abukamal area between Iraq and Syria.
Now cars and goods can cross border.
#7
I don't think it's officially open yet, or if it's 100% safe... But still good developments.
#8
[Image: Sy.png]

21 million barrels of oil per year from Iran (despite sanctions designed to impose collective punishment on Syrians to make them starve and suffer).

That's what I call an ally.
#9
(09-07-2019, 12:36 PM)Persian Gulf Wrote: I don't think it's officially open yet, or if it's 100% safe... But still good developments.

every thing was ready, and ready to officially open. crossing already happened but they delayed officially opening. There is huge outsider pressure on Iraq.
#10
(09-08-2019, 08:55 PM)Subwater Wrote: every thing was ready, and ready to officially open. crossing already happened but they delayed officially opening. There is huge outsider pressure on Iraq.

that's not true. still the constructions and the preperations on the Syrian side are not complete don't forget the security issues. when everything is ready they'll open the crossing officialy
  


Forum Jump:


Users browsing this thread:
1 Guest(s)