Tehran, Baghdad Bolster Industrial and Trade Ties

Iran and Iraq have agreed to increase cooperation in industry and trade, the IRNA news agency reported.

Iraq’s Planning Minister, Ali Yusuf al-Shukri, Industry and Minerals Minister, Ahmed Nasser Al-Karbouli, and Trade Minister, Khairallah Hassan Babike, met with Iran’s Minister for Industry, Mining and Trade, Mehdi Ghazanfari, in Tehran on Monday.

They agreed to hold an investment opportunities forum in Iraq in July. The Iraqi delegation called on Iranian companies to actively participate in the Baghdad international exhibition.

Launching joint ventures in the steel industry and “modernizing the standardization systems of Iraq” by Iranian experts were among other agreements made during the meeting.

An Iraqi trade delegation is scheduled to travel to Iran within the next 10 days to sign a deal to increase trade.

(Source: Tehran Times)

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