Syria, Iran ditching dollar in trade January 31, 2019 - 12:24 AMT PanARMENIAN.Net - Iran and Syria have agreed on measures that will allow bank transactions in their local currencies and non-dollar foreign currencies as the two countries have decided to deepen trade and investment relations, Sputnik International reports. Damascus and Tehran signed 11 agreements, including a “long-term strategic economic cooperation deal”, which spans industry, trade and agriculture, on Monday, January 28. According to Iranian Vice President Eshaq Jahangiri, who is currently in Syria with a delegation of trade officials, the deals included “very important agreements on banking cooperation”. Addressing an Iranian-Syrian business forum in Damascus, Jahangiri stated that “ministers confirmed that banking transactions will take place very soon between the countries”. Chairman of the Syrian Chambers of Commerce Mohamad Hamsho, for his part, stressed that the deals had been concluded to “overcome obstacles with respect to the banking activity” between Damascus and Tehran.  Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Latest news Czech-Armenian military cooperation discussed in Yerevan  A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
