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Iranian official: Iran, Iraq have signed 100 economic agreements

01 February 2010 [13:15] - TODAY.AZ
Iran and Iraq have signed one hundred memorandums of understanding since 2003 to boost their economic cooperation, an Iranian official says.
The plenipotentiary envoy of the Trade Promotion Organization of Iran (TPOI) to Iraq noted that the high number of agreements reflects the two countries' determination to enhance the level of their economic ties.

"Iran has exported $15 billion of goods to Iraq since the fall of Saddam Hussein," Mehr news agency quoted Kheirollah Khadem as saying.

Khadem noted that Iran has formed a committee under the supervision of the Iranian President's Office to review and implement initiatives to enhance the level of economic ties between the two neighboring countries.

He added that Iran also plans to further activate the Arvandroud Special Economic Zone near the border with Iraq to facilitate trade between the two countries.

/Press TV/

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