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Iraq and Iran specify 23 negotiating documents that include energy, trade, and transportation
5/5/2024
The head of the Organization for Investment, Economic and Technical Aid in Iran, Ali Fikri, announced on Sunday the identification of 23 documents in the fields of energy, transportation, trade, provision of technical and engineering services, investments, finance, and banking for negotiation with Iraq in the joint committee between the two countries.
The Iranian Tasnim news agency quoted Fikri as confirming the start of the sixth official meeting of the Joint Coordination Committee for Economic Cooperation between Iran and Iraq, adding: “At the beginning of the work of this committee, the subcommittees will study the initial initiatives so that the two parties can, during the next two days, formulate draft memorandums.” The understanding and documents that are signed during the official visit of high-ranking officials from the two countries.”
He added, "The ceremonies of the negotiation session between the two parties will take place in the afternoon at the public meeting of the joint committee between the Iranian Minister of Economy and the Iraqi Minister of Commerce," noting that "the committees consist of five committees, including energy, transportation, trade, provision of technical and engineering services, investments, finance, and banks." .
Fikri continued: “In addition to these documents, there are some special projects such as developing industrial zones, balancing economic relations between the two countries, joint investments between the two parties, and removing trade obstacles, whether in the financial and banking field or in the field of laws and legislation. We will present them at this meeting to reach agreements that enhance Relations between the two countries."
On Sunday morning, the meetings of the sixth session of the Iraqi-Iranian Joint Committee began in the capital, Tehran, which is headed by the Iraqi Minister of Commerce, Atheer Al-Ghurairi, to discuss strengthening economic and trade relations and understanding the ten joint memorandums of understanding that the two sides intend to sign in various fields and in a way that serves their common interests.
According to an Iraqi Ministry of Commerce statement, the work of the committee will continue over the fifth and sixth days of this month of May, as today the discussions of the specialized committees will take place in the presence of members of the delegations of both sides to reach the final joint report at the headquarters of the Iranian Ministry of Economy and Finance.
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