Iraq, Lebanon Sign Agreement and MoUs for Economic Cooperation

By John Lee.

The second session of the Iraq-Lebanon Joint Committee was held on Thursday in Baghdad, chaired by Iraqi Minister of Trade Dr Atheer Daoud al-Ghurairi and Lebanese Minister of Economy and Trade Dr Amer al-Bassat, with participation from representatives of both countries' private sectors.

The meeting resulted in the signing of an agreement and seven memoranda of understanding covering:

  • Development of trade exchanges and export growth
  • Cooperation in organising international and specialised exhibitions
  • Land transport of passengers and goods
  • Investment cooperation
  • Mutual recognition of maritime competency certificates for seafarers
  • Exchange of technical and scientific expertise

Al-Ghurairi stressed Iraq's commitment to deepening cooperation with Lebanon and expanding partnerships across economic, trade, and investment sectors. He described the session as a significant step in strengthening bilateral relations, noting that the signing of the minutes and MoUs reflects the determination of both sides to move quickly to implementation.

(Source: Ministry of Trade)

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