An apparently confident & forward looking (to the future) Syria makes a billion dollar plus deal with Iran
On Wednesday state TV announced that Syria and Iran have agreed a credit facility between Commercial Bank of Syria and Export Development bank of Iran, worth a billion US dollars (750 million euros).
It also said the two countries had reached agreements on energy transmission and electricity equipment.
Syria, Iran Sign $ 1 Billion Credit Facility Agreement and Seven Contracts on Energy Transmission
Syria and Iran yesterday Wednesday signed a USD 1 billion line of credit facility agreement between the Commercial Bank of Syria and the Export Development Bank of Iran.
Other seven contracts on energy transmission and electric equipment were also signed during the concluding of bilateral talks between the Syrian and Iranian sides in Tehran.Heading the Syrian delegation, Prime Minister Dr. Wael al-Halqi stressed that Syria is facing a global war to divert it from its national stances and undermine the axis of resistance in the region.He noted that the powers hostile to Syria have failed to achieve its goals and Syria is going ahead to achieve security and stability, launch dialogue and the national reconciliation and build Syria depending on its capacities and the support of its friends.The Premier hailed the importance of the outcomes of this visit in enhancing cooperation between the two countries, expressing gratitude to Iran for its efforts to support the Syrian people in their development process and against terrorism.For his part, Iran's First Vice President Mohammad Reza Rahimi, who headed the Iranian side to the meeting, condemned the terrorist attacks against the innocents in Syria which were carried out by armed terrorist groups backed by regional and international countries.He denounced the terrorist bombing in Aleppo University on Tuesday and offered condolences to the martyrs' families.Iran's First Vice President stressed that Iran will always support Syria and the steadfastness of the Syrian people on all levels and under all circumstances.