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◢ Syria and Iran signed 11 agreements and memoranda of understanding late Monday, including a "long-term strategic economic cooperation" deal aimed at strengthening cooperation between Damascus and one of its key allies in the civil war that has torn the country apart. The agreements covered a range of fields including economy, culture, education, infrastructure, investment and housing, the official Sana news agency reported.
◢ Companies from dozens of countries are showing their wares at the Damascus International Fair this week, but those from two in particular are getting special treatment—Russia and Iran. Firms from the top two wartime allies of Syria's government are set up in an entirely separate building, hinting at the preferred status they hope to enjoy as the country tries to transition into reconstruction.
◢ Iran's Foreign Minister Mohammad Javad Zarif said Sunday that European efforts to save the nuclear deal after the exit of the United States were not sufficient. "The cascade of decisions by EU companies to end their activities in Iran makes things much more complicated," Zarif told reporters.
◢ Renewed nuclear sanctions would certainly cause severe problems for Iran's economy, but much of the damage has already been done by the uncertainty created by the US and myriad home-grown problems. It was awkward timing for the annual International Oil Show in Tehran this week, which opened just two days before US President Donald Trump was due to make his decision on the Iran deal.
◢ China will build a train line connecting the Iranian port of Bushehr to the rest of the country's railway network under a $700 million deal signed on Wednesday. The agreement was inked in Tehran in the presence of Iranian Transport Minister Abbas Akhoundi and officials from China Machinery Industry Construction Group.
