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Trkiye, Syria Business Associations Sign Trade Deals

Istanbul: Trkiye's and Syria's delegations representing business associations signed several trade agreements on Wednesday in Istanbul. The deals were signed at an event at the headquarters of the Foreign Economic Relations Board of Trkiye (DEIK).

According to Anadolu Agency, a total of 10 agreements were inked between various business councils and chambers of commerce from both countries. These included agreements between DEIK/Trkiye-Syria Business Council and Syria-Trkiye Business Council; DEIK and Damascus Chamber of Commerce; DEIK and Aleppo Chamber of Commerce; DEIK and Latakia Chamber of Commerce; DEIK and Hama Chamber of Commerce; DEIK and Aleppo Chamber of Industry; Istanbul Chamber of Commerce and Damascus Chamber of Commerce; Southeast Anatolia Grain, Legumes, Oilseeds and Products Exporters' Association and Damascus Chamber of Commerce; Southeast Anatolia Grain, Legumes, Oilseeds and Products Exporters' Association and Aleppo Chamber of Commerce; and Cizre Chamber of Commerce and Industry and Aleppo Chamber of Commerce.

The event was attended by Syrian Minister of Economy and Industry Muhammad Nidal Al-Sha'ar and Turkish Deputy Minister of Trade Volkan Agar. The agreements aim to strengthen trade relations between the two nations by fostering collaboration across various sectors.

Earlier on Tuesday, Trkiye and Syria signed two additional trade agreements designed to deepen economic and commercial relations. The Turkish trade minister noted the signing of the "Protocol on the Establishment of the Trkiye-Syria Joint Economic and Trade Committee (JETCO)" and the "Memorandum of Understanding on Cooperation in Administrative Development and Governance," setting the stage for enhanced bilateral cooperation.