Iraq and Iran agree to a roadmap to activate the economic and commercial relations and increase the volume of trade exchange

The Trade Minister Abdul Falah Hassan, the Sudanese on the willingness of Iraq to increase trade with Iran, which amounts to four billion U.S. dollars despite the difficulties and obstacles facing the process of trade because of procedural matters in both countries.

He said the Sudanese at the conclusion of bilateral talks within the Iran-Iraq said Wednesday that the joint meetings would resolve the problems and increase the volume of cooperation between the two sides as well as to increase cooperation frameworks to include the agreements signed between the two countries, indicating that there is a copy prepared before the Iranian side and review the version of Iran, and we are waiting for Tkhozil the House of Representatives to sign the minutes of the Convention.

He added that Iraq needs food, cars, looking for processing in a fixed monthly rates as well as needed investments in all fields, especially in the holy city and would also require expertise in the development of the Iranian private sector, the fact that Iran has a pilot experiment in this area and the Iraqi private sector needs to take advantage of these experiences for the purpose of participating in the development of the Iraqi economy and contribute to its development.

He pointed to the importance of the Sudanese agreement to avoid double taxation and free trade and investment agreements and the signing of a joint and Iraq is ready for signature after the completion of procedural matters as well as raise the subject of transit trade between the two countries to the advanced level and the possibility of the signing of a joint.

He pointed to the importance of the participation of Iranian companies in the specialized exhibitions in Iraq and active participation in the Baghdad International Fair, at its next session, with the possibility of an exhibition at the border in the southern region Aeraakip involving Iranian and Iraqi companies and an exhibition along the lines of Gaziantep in Turkey.

Mottaki said the meeting raised the need to translate ideas into reality of work that includes all the common areas between the two countries, especially in the substantive import and imports, in addition to the Convention on the customs tariff and to facilitate the task of entering the business and activating the role of chambers of commerce and trade between the two countries and added that we need to further cooperation in the field of oil We hope a visit by a delegation in the field of oil in addition to the monitoring of earthquakes in the border areas and Alastvadpmn Abadan refinery and the activation of areas where there is gas in addition to increased cooperation in the field of electricity, where there are three lines to transfer electricity to Iraq and work to increase the amount of processed to 600 MW.

He said, adding that there are four projects to build roads and a railway project between Basra and Shalamjah and we are working to increase these projects in the future after the draw the Iraqi point of view on the subject.

For his part, Iranian Foreign Minister Mottaki, who a month Iran's readiness for the transfer of information technology to Iraq in the therapeutic area and building plants to produce medicine, especially chronic diseases, in addition to cooperation in the banking sector and the establishment of a joint exhibition between the two countries to conduct banking facilities as well as the importance of the agreement on the establishment of specialized exhibitions on the common border or within the two cities.

The two sides had discussed a range of topics concerning the development of religious tourism and areas of oil and energy and electricity in addition to topics concerning aspects of marine and water as well as the development of joint investments between the hands and to facilitate the entry and the Iranians in and out of the two countries through the visa facilities for businessmen and traders, Iraq expressed its related steps in facilitating procedures for admission of Iranian pilgrims in larger quantities from the past.

The two sides agreed to prepare a draft road map, working on a sound and valid basis for the development of mutual relations in the economic, trade, finance and the formation of various committees to discuss all topics related to the two countries and to review past agreements and to activate the advanced level, contributing to an increase in the volume of bilateral trade and economic development and joint ventures in the areas of electricity, transport, water resources and the banking sector and banks.

The Trade Minister Abdul Falah Sudan, has led the Iraqi side in the bilateral talks between Iraq and Iran as part of the Committee headed by the Iraq-Iran on the Iranian side, Foreign Minister Mottaki, who arrived in Baghdad at dawn on Wednesday.

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