IranOilGas Network will not be regularly updated during Iranian New Year (Nowruz) holidays
from March 20 till April 05, 2019.

Iran, Iraq sign 22 industrial, trade agreements

12 March, 2019
Source: IRNA

Following talks between Iran’s minister of industry, mines and trade and his Iraqi counterparts simultaneously with President Rouhani’s visit to Iraq, 22 industrial and trade agreements were signed by the two countries.

Minister of Industry, Mines and Trade Reza Rahmani who is accompanying Rouhani in his visit to Baghdad conferred with the Iraqi ministers of trade and industry.

The talks were aimed at promoting cooperation in the industrial, trade and economic fields in Iraq’s Prime Minister Palace.

In addition to further promoting bilateral relations, the 22 agreements will play a major role in increasing interaction and boosting trade between the two countries.

Rahmani also announced the two countries’ plans to step up trade exchange to 20 billion dollars in future.

“Iran is ready for sharing its experience in the fields of reconstruction and renovation of industries,” Rahmani said.

Promoting cooperation among border provinces, preferential tarrifs, equalizing customs tarrifs in Iraq’s different crossings and easing visa procedures for tradesmen are among the pivots of the agreements signed by the two countries.

Iraqi Trade Minister Mohammed Hashim al-Aani also welcomed joint investment and activating joint committees for further boosting relations.

The full version of website content is available only to IranOilGas Network members.
Register & Request a Trial Now!

About IranOilGas Network

Established by highly experienced oil & gas professionals in 2000, IranOilGas Network is the leading independent Iranian oil, gas & petrochemical information network providing a variety of consultancy & information services.

to IranOilGas Network