Syria and Iraq is about to approve an agreement and a compre

[Stillw8n]

Syria and Iraq is about to approve an agreement and a comprehensive economic unit

According to economic sources in Damascus said the Syrian and the Iraqi connection with the adoption agreement within weeks to establish the unity of a comprehensive economic and convert the two countries to a single market, which will serve as the economic lung of Syria, which is preparing for the difficult days as a result of Western sanctions imposed on it, according to the newspaper "Al Rai Kuwait."
Began in Aleppo Saturday meetings Syrian Business Council - Iraq's third version, with more than 100 businessmen and industrial of the two countries, amid hopes that the countries could within weeks to approve the «Initiative», whereby the treatment of Iraqi goods Kalsoria and the treatment of Syrian goods Kalaracah «, which means an economic unit comprehensive »is« the two countries a single market ».
The Minister of Economy and Trade Mohammad Nidal logo that if has this initiative will serve as a historical precedent and will prepare a victory for the two countries and the former in the principles of global trade, and added: «We expect the two to three weeks to the approval of both sides on the initiative», as quoted by the newspaper «home» the Syrian Special .
He stressed the logo on there will be no impediment to the flow of goods, services and people between the two countries «During the past two months, we canceled the entry fees Iraqi truck drivers, and we hope that the Iraqi side will take a similar step as promised».
The sources said in her statement for the «opinion» that if it were drawn to him, the way Iraq will be a lever of the Syrian economy for the third time during the last ten years.
In turn, the Minister of Social Affairs and Labour Radwan Habib that «Iraq and Syria are the only countries Taamlan Arab workers treated the Iraqi and Syrian, and we have labor laws that many are working to modify the interests of workers and employers and are ready to overcome all the difficulties and decisions that are an obstacle to the flow of investments Free the two countries ».
The sources said that the recent trend consolidation market countries if it is in these circumstances, which emphasizes the United States and the European Union economic pressure on Syria, the Iraqi market, the big save Syria for the third time but that Western sanctions would have any effect on Syria, since all you will need the country will be secured for the local market through the Iraqi traders who do not suffer their country from any economic sanctions, and therefore will be a common interest between the two countries.
The sources said in her statement for the «opinion» that Iraq had helped save the Syrian economy first end of the nineties to 2003 against the backdrop of improved relations between the regime of Saddam Hussein and Damascus before the fall of Baghdad, where he headed most of the Syrian exports to the eastern neighbor, especially the ones products the public sector that did not find foreign markets only in Iraq.
The sources added that the new approach will pay to the formation of an economic bloc stretching from the Mediterranean coast to the Shatt al-Arab in the Gulf will be the biggest challenge to the Turkish market by trying to control the Middle East, and especially after the complete lifting of the fee imposed by Iraq on the Syrian products.
. Iraq is the first trade partner of Syria for three years and the volume of the trade balance during this period is about three billion dollars annually, more than 2.7 billion dollars in favor of Syria.