Interviews
Iran-Iraq Trade Committee plans for boarder commercial ties
07 Mar '07
1 min read
In yesterday's meeting of Iran-Iraq Trade Committee, representatives of both the countries decided to enter boarder commercial ties.
In the meeting, Commerce Minister Masoud Mirkazemi asked for proper implementation of agreements and protocols signed earlier and urgent need to remove hindrance in expansion of trade ties.
He also offered US $1 billion loan for completion of certain development projects, but Government has still not given any response on this issue.
According to him, bilateral trade has reached $3 billion in past three years and was optimistic about further rise in figures.
Moreover, Minister of Trade Abdul Falah Hassan Assdani invited his counterpart to invest in the country and expressed hopes to pay loan worth US $125 billion soon.
In the meeting, Commerce Minister Masoud Mirkazemi asked for proper implementation of agreements and protocols signed earlier and urgent need to remove hindrance in expansion of trade ties.
He also offered US $1 billion loan for completion of certain development projects, but Government has still not given any response on this issue.
According to him, bilateral trade has reached $3 billion in past three years and was optimistic about further rise in figures.
Moreover, Minister of Trade Abdul Falah Hassan Assdani invited his counterpart to invest in the country and expressed hopes to pay loan worth US $125 billion soon.
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