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Iraq, Iran agree on free trade
Monday, 11 May, 2015
Head of Iran Trade Development Organization Valiollah Afkhami-Ra’ad said Iran and Iraq have agreed on free trade.
The two sides agreed to pursue banking ties and accepting exports banking guarantees by Iranian banks which are not under sanctions, he said, adding, they are scheduled to facilitate trade relations and pursue acceptance of national standards of the two countries.
Iran and Iraq also called for boosting the volume of trade ties between the two countries to $25 billion.
The two sides signed Memoranda of Understanding (MoU) in different fields in the 3rd Iran-Iraq joint supreme commission.
They also plan to work on building material, building chain stores, training Iraqi business managers, clerks and advisors and exchanging experiences on building industrial towns, small and small and medium-sized enterprises in Iraq./End/
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Monday, 11 May, 2015
Head of Iran Trade Development Organization Valiollah Afkhami-Ra’ad said Iran and Iraq have agreed on free trade.
The two sides agreed to pursue banking ties and accepting exports banking guarantees by Iranian banks which are not under sanctions, he said, adding, they are scheduled to facilitate trade relations and pursue acceptance of national standards of the two countries.
Iran and Iraq also called for boosting the volume of trade ties between the two countries to $25 billion.
The two sides signed Memoranda of Understanding (MoU) in different fields in the 3rd Iran-Iraq joint supreme commission.
They also plan to work on building material, building chain stores, training Iraqi business managers, clerks and advisors and exchanging experiences on building industrial towns, small and small and medium-sized enterprises in Iraq./End/
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