Damascus, Aug. 16 (SANA)Minister of Economy and Industry Nidal al-Shaar issued decisions on Sunday forming the Syrian-Cypriot and Syrian-Czech business councils to enhanceeconomic cooperationand expand trade and investment ties, according to the ministry statement on Telegram.

The Syrian-Cypriot Business Council was formed under the chairmanship of Bassam Mohammad Haitham al-Jahoush, while the Syrian-Czech Business Council was formed under the chairmanship of Amer Darkal.

Both decisions stipulate that the councils are the only authorized bodies representing the Syrian side in relations with their respective counterparts, and require them to operate in accordance with the charter and procedural guide issued by the Syrian Council for Coordinating Joint Business Councils.

The Syrian Council for Coordinating Joint Business Councils will oversee the councils’ work, coordinate with relevant authorities, and ensure their activities align with Syria’s overall business council framework and national economic priorities.

The formation of the councils is part of broader efforts to organize joint business councils with friendly and brotherly countries, strengtheningeconomic and investment cooperation, developing trade relations, and opening new avenues for partnership between the Syrian business community and its counterparts abroad.