In a significant move aimed at strengthening economic ties, Iran and Syria have just announced a groundbreaking trade agreement that will eliminate all trade tariffs between the two nations. The decision to set the trade tariff at zero is expected to have far-reaching implications for both nations' economies. It will open up opportunities for increased trade and investment, fostering closer economic cooperation and boosting growth in key industries. That's a significant development in the relations between Iran and Syria. The signing of 14 cooperation documents covering various sectors will undoubtedly enhance their economic and technical collaboration.
Iran-Iraq-Syria transit route will be strengthened for the transit of goods. Developing the infrastructure on the Syrian side for a sea route with larger ships will be an important step in facilitating smoother trade.