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Syria, Armenia Reach Early Trade Deals

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  • Syria, Armenia Reach Early Trade Deals

    SYRIA, ARMENIA REACH EARLY TRADE DEALS

    United Press International
    Sept 8 2009

    Order reprintsDAMASCUS, Syria, Sept. 8 (UPI) -- The Syrian and Armenian
    governments through a joint meeting in Damascus reached a series of
    preliminary agreements on energy and trade.

    A joint economic committee wrapped up a meeting in Damascus, emerging
    with memorandums of understanding in trade, petroleum and transport,
    the official Syrian Arab News Agency reports.

    The agreement comes on the heels of regional developments regarding
    simmering issues between Turkey and Armenia.

    Turkish relations with Armenia were complicated by claims of genocide
    during the Ottoman Empire. Recent ties are strained over the region
    of Nagorno-Karabakh, an area of dispute between Azerbaijan and Armenia.

    Armenia and Azerbaijan fought a military conflict over the region in
    the early 1990s, and the regional fallout over the territory remains
    tense despite a 1994 cease-fire.

    In a joint statement Aug. 31, the governments of Turkey and Armenia
    announced they would work toward normalizing diplomatic ties and
    bilateral relations.

    Damascus, an Armenian ally, hosted officials from Yerevan recently,
    including a June visit between Syrian President Bashar Assad and his
    Armenian counterpart Serzh Sargsyan.
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