News ID: 269727
Published: 0259 GMT June 01, 2020

Iran, Iraq discuss boosting trade ties

Iran, Iraq discuss boosting trade ties

Iran and Iraq discussed ways to boost economic ties in a meeting on Monday.

The meeting was held between Iranian Ambassador to Baghdad Iraj Masjedi and Iraqi new Finance Minister Ali Abdul Ameer Allawi, IRNA reported.

Masjedi expressed congratulations on the Iraqi minister’s appointment and extended an invitation to him from Iranian Minister of Economic Affairs and Finance Farhad Dejpasand to visit Iran.

Allawi expressed gratitude for the invitation, hoping that he would pay a visit to the Islamic Republic of Iran in the near future, at the head of a trade and economic delegation.

Economic relations between Iran and Iraq have expanded in recent years, with bilateral trade witnessing a boost.

In the aftermath of the coronavirus outbreak in the region, however, the two sides decided to close their common border. This comes as Iran and Iraq have recently announced plans to reopen borders in view of the gradual easing of the restrictions placed across the globe as part of protective measures to contain the spread of the virus.

Commenting on the issue earlier in an exclusive interview with Iran Daily, Masjedi said in view of negotiations between Iran and Iraq, it has been decided to open the common trade borders on two days (probably Sunday and Wednesday) per week for the resumption of transactions.

“This, of course, will be done through full compliance with the health and hygiene protocols and under special supervision to remove concerns over the further spread of the coronavirus,” he stressed.





Resource: IRNA
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