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Iraqi trade delegation to visit Western Iran sunday for investment

13 Sep 2014 - 17:23


TEHRAN (FNA)- An Iraqi trade delegation will arrive in Western Iran tomorrow to study investment opportunities in Kermanshah province, a senior trade official announced on Saturday.


"A trade delegation from Iraq's Babel province will travel to Kermanshah tomorrow," Head of Kermanshah Chamber of Commerce Keyvan Kashefi told FNA on Saturday.

He said the Iraqi businessmen will visit Kermanshah province to study the investment opportunities in that region, reminding that foreign investors are playing a growingly important role in the country's development, specially in Kermanshah.

Last month, Iraqi Commercial Attache to Iran Shaker Razzaq Abdo voiced his country's willingness to expand trade cooperation with Iran.

"Iran is one of the powerful and renowned countries in different industrial and engineering fields in West Asia and we are willing to expand trade relations with Iran and we can further expand our economic transactions," Razzaq Abdo told FNA.

He noted that in his opinion there are a lot of capacities for the expansion of mutual cooperation and boosting trade transactions between Iran and Iraq.

"During my visit to different industrial and engineering units of Qazvin, I evaluated the capabilities of Iran's industrial and engineering units at a very high level," Razzaq Abdo said, referring to the industrial province of Qazvin in Northern Iran.

Iran and Iraq have enjoyed growing ties ever since the overthrow of the former Iraqi dictator, Saddam Hussein, during the 2003 US invasion of the Muslim country.

Early December, top Iranian and Iraqi officials, in a joint news conference in Tehran, stressed the need for the further expansion of mutual cooperation in economic fields.

During the news conference, the Iranian First Vice- President Eshaq Jahangiri and former Iraqi Prime Minister Nuri Al-Maliki reiterated the necessity for increasing exchange of visits between the two countries’ businessmen and trade officials in a bid to further consolidate Iran-Iraq economic ties.

The Iranian first vice-president reiterated that enhancement of bilateral ties tops the agenda of both Tehran and Baghdad, and said “the agreements between Tehran and Baghdad have provided proper opportunities for Iranian businessmen to play a bigger role in the gas and housing industries and other sectors in Iraq”.

The former Iraqi premier, pointed to his meeting with the Iranian first vice-president, and said, “We agreed to have extensive activities and we also agreed on establishing different ways for conducting (joint) economic activities.”

By Fars News Agency

 

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Story Code: 116411

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