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July 29, 2008       Share:    

Source: http://www.dailystar.com.lb/article.asp?edition_id=1&categ_id=5&article_id=94612

How Strong Are Iranian-Syrian Ties?

[Daily Star-Lebanon] Andrew Tabler - Today Syria is seen as an Iranian island in the Arab world - used to project its power to Israel's borders and the shores of the Mediterranean. Indeed, Iranian-Syrian relations seem closer than ever - including a newly signed military cooperation agreement. But Damascus' ties with Tehran - like its ties with all countries - remain ambiguous. A high-profile Iranian project to replace Damascus' aging public bus fleet with Iranian vehicles was mysteriously cancelled and awarded to a Chinese company. Two high-profile Iranian-Syrian joint ventures to assemble automobiles in Syria are barely scraping by due to Syrian government foot-dragging on promises to cut tariffs on the plants' imported components. Statistics recently released by Syria's state investment office put direct Iranian investment in Syria at $544 million, a mere 8% of Arab investment in Syria and a far cry from reports last year that estimated Iranian investment at 66% of Arab investment in the country.

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