The Iraqi ambassador to Tehran has said that trade between Iran and Iraq has exceeded 10 billion dollars and expressed hope that this amount will increase to 20 billion dollars.

According to The Iran Project, Nasir Abdul Mohsen Abdullah made the remarks in a meeting with the governor of Iran’s Semnan province on Monday evening.

While emphasizing religious and cultural commonalities between the people of Iran and Iraq, he announced his country’s readiness to establish joint industrial units.

Initial implementation measures for the establishment of industrial units in Semnan Province are on the agenda, the Iraqi envoy revealed, adding that joint economic cooperation, especially with Semnan, in specific areas such as industry, agriculture and mining can be beneficial for both countries.

We are ready for joint cooperation in order to export mineral, agricultural and horticultural materials from Semnan Province to Iraq and urged the Governor of Semnan to hold and participate in joint economic meetings with the presence of Iranian businessmen.