Iran, Iraq to Boost Trade

By John Lee.

Iranian Economy Minister Ali Tayyebnia said that trade between Iran and Iraq is currently estimated at $12 billion when transit and tourism are taken into account, and that Tehran and Baghdad expect to increase the figure to $20 billion in the near future.

The statement followed a meeting with Iraqi Finance Minister Hoshyar Zebari in Tehran.

We hope this trip will lead to practical outcomes in the development of Iran-Iraq bilateral ties,” the Iraqi finance minister added.

(Source: BasNews)

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