Azerbaijan, Iraq Sign Trade Cooperation Agreement

The Iraqi and Azerbaijani governments have signed an agreement on trade, economic, scientific, technical and cultural cooperation, according to a statement from the Ministry for Trade.

The agreement was signed by Azerbaijan`s Deputy Premier, Abid Sharifov, and Iraqi Minister of Trade, Safaa Al-Din Mohammad Al-Safi, at the end of the two-day Iraqi-Azerbaijani committee’s meetings.

Al-Safi said his country was keen on development of cooperation with Azerbaijan. The Minister pointed out his visit would open new ways of cooperation between the two countries.

“We need support of friendly countries, including Azerbaijan, to establish stability in our country,” the statement quoted al-Safi as saying.

He also expressed hope that such visits would contribute to boosting bilateral ties in various spheres.

For his part, Sharifov noted the volume of trade between the two countries was in the region of $ 50-60 million, added, “however, this falls well behind the potential of our countries”.

Sharifov underlined the necessity of expanding bilateral economic cooperation, saying “today’s agreement will lay the foundations for strengthening it”.

Azerbaijan’s Prime Minister, Artur Rasizade, has also met the Iraqi minister, and assured him that his visit would contribute to boosting relations between the two countries.

(Source: Aswat al-Iraq)

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