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Syrian-Russian cmte concludes three cooperation deals

Syrian-Russian cmte concludes three cooperation deals DAMASCUS, April 26 (KUNA) -- The fifth Syrian-Russian Joint Higher Committee concluded meetings Thursday with the signing of three agreements regarding cooperation in natural gas, transport and business Consultation.
The Syrian Minister of Economy and Trade Hosni Lutfi said the agreements saw the light and opened new horizon for cooperation.
According to Syrian News Agency (SANA) quoted the Syrian Minister as saying, "Ideas were discussed by the committee have opened new prospects for cooperation between the two friendly countries, particularly in field of holding cooperation agreements between the Syrian and Russian cities." He underscored significance of opening a bureau for Russian businessmen in Syria and vise versa to increase volume of commercial exchange and establish joint investment projects.
Meanwhile, Minister of Oil and Mineral Resources Sufianj Al-Alaw noted to significance of the EURO 160 million contract was signed between Syria Gas Company and Russian Stroytransgaz Company aiming at investing the free gas geological reserves discovered in fields Northern city of Homs.
For his part, Russian Minister of Regional Development Vladimir Yakovlev said that outcomes of meetings of the Syrian-Russian Committee 5th session were "positive, fruitful and constructive." He hoped that these agreements would contribute to reviving and increasing volume of commercial exchange and joint cooperation in economy and investment domains. (end) om.mb KUNA 270034 Apr 07NNNN