Iranian business fair coming to Damascus
Iran is a strong ally of Syria and has significant economic interests in the country.
Syria will host an exhibition for Iranian companies in the capital, Damascus, later this month.
The “specialized exhibition of the Islamic Republic of Iran” will run from Nov. 29 until Dec. 3, with 164 Iranian companies participating. The companies will showcase medical, construction, energy and a variety of other products. The purpose of the event is for Iranian companies to sign memorandums of understanding with Syrian entities. It is the second year the event has taken place, Syria’s official news outlet SANA reported Wednesday.
Syria has hosted Iranian firms for similar events in the past. In addition to last year’s Iranian exhibition, numerous Iranian companies participated in an event on reconstruction efforts in 2019.
Iran is a major ally of Syria. Iranian and affiliated forces fight in the Syrian civil war on the side of President Bashar al-Assad’s government. Iran also uses private security companies to expand its influence in Syria.