Syria, Iraq Hold Trade Talks

Published May 27th, 2000 - 02:00 GMT

A Syrian delegation representing officials from the ministries of oil, industry and economics, began a visit to Baghdad Friday aimed at developing bilateral cooperation, said AFP. 

The Syrian delegation will have talks aimed at "putting in place new formulas for bilateral cooperation between the two brother countries," a spokesman for the Iraqi trade ministry was quoted by the agency as saying. 

"The Syrian delegation will also examine the means to stimulate commercial exchanges and to develop cooperation in this field," the spokesman noted. 

ArabicNews.com reported other discussions would deal with reopening the petroleum pipeline between Mawsel and Tartous as soon as repair work for the pipeline is done at locations inside both states. 

Talks would also focus on using Syrian harbors for exports of Iraqi products as well as receiving Iraqi imports, AFP added. 

ArabicNews.com quoted a Syrian official as saying that the trade volume between Iraq and Syria has reached $ 400 million since 1997.  

The two countries broke off diplomatic relations in 1980, but began to normalize links in 1997, opening their border to businessmen and officials, which allowed economic exchanges between Baghdad and Damascus, AFP added - Albawaba.com 

 

© 2000 Al Bawaba (www.albawaba.com)

You may also like