Iran Update, April 28, 2023
April 28, 2023 - ISW Press![](https://understandingwar.org/sites/default/files/styles/thumb-wide/public/NewIranUpdate--square-1300_118.jpg?itok=dked4UvG)
President Ebrahim Raisi will visit Damascus on April 3 to initiate several economic projects, possibly to reinvigorate Iran’s economy by securing resources outside of Iran. Reuters reported on April 28 that Raisi will visit Syria on May 3 for a two-day trip, citing an informed source. An Iranian president has not visited Syria since 2011, when the Syrian civil war commenced. The source stated that the recent Iran-Saudi rapprochement and dialogue between Syria and other Arab states prompted the visit. The Lebanese Hezbollah (LH)-affiliated news outlet Al Akhbar reported that Raisi’s two-day visit would result in several economic agreements. An unidentified source cited by Al Akhbar claimed that Raisi’s visit is a part of a larger effort to broaden the Axis of Resistance’s activities beyond its current military activity. Iranian Roads and Urban Development Minister Mehrdad Bazarpash announced on April 25 that Iran intends to connect trade through Iran, Iraq, and Syria via a rail link to reduce tariffs and facilitate banking exchanges during a multi-day visit to Damascus. Bazarpash reported on April 26 that the Iranian-Syrian Joint Economic Forum established eight new committees focused on Iranian investment, energy, and electricity. Iran has cancelled previous economic projects in Syria, including the construction of two power stations on March 13, because the Assad regime sought to pay for the project in raw phosphate.