Syria, China to expand business ties

Published June 24th, 2004 - 02:00 GMT
Al Bawaba
Al Bawaba

Syria's Economy and Trade Minister Dr. Ghassan al-Rifai said Wednesday the talks of the Chinese-Syrian Joint Committee focused on reactivating and diversifying trade exchanges between the two sides. 

 

In an address to a symposium on the Chinese-Syrian Economic Relations, Rifai added that the private and public sectors in both countries should exert more efforts to diverse and increase trade volume on a balanced principle, SANA reported. 

 

“Syria could be a crossing point for the Chinese goods in the Arab region into Europe in the case the two countries established joint projects in Syria,” Rifai added. 

 

On his part, Syria's Minister of Petroleum and Mineral Resources, Dr. Ibrahim Haddad said Syria and China cosigned a cooperation agreement in the petroleum and gas fields in order to enhance and expand cooperation in the field of excavations. 

 

During the symposium, both sides signed an accord to establish a council of businessmen between Syria and China, and another accord to establish a factory of tires with a capital of $ 100 million. 

 

On tourism, a workshop on tourist exchange between Syria and China was opened, where the Syrian Tourism Minister Dr. Saadullah Agha al-Qalaa briefed the participates on the tourism constituents in Syria. (menareport.com)

© 2004 Mena Report (www.menareport.com)