Iran calls for a five-year road map for trade with Iraq

by **RamblerNash** Sat Apr 21, 2018 10:04 pm

Iran calls for a five-year road map for trade with Iraq

2018/4/21 18:43

The head of Iran's Trade Development Organization (ETO) on Saturday called for a roadmap for trade between the Islamic Republic of Iran and Iraq, noting that Iraq accounts for 14 percent of Iranian exports.

"Iran exports almost $ 6.5 billion to Iraq, with the Iraqi market accounting for 14 percent of Iran's total exports, which has turned it into Iran's most important export market," said Mujtaba Khosrotaj, .

He pointed out that "the visit of the First Vice President of Iran to Iraq on March 7, 2018," noting that "we have a long-term view of cooperation with Iraq, and in order to achieve this important goal, it is necessary to draw a road map for the next five years, Move towards common investments. "

Iranian banks, including the National Bank and two Parisians, are able to issue a bank credit in Iranian rials equivalent to $ 500,000 or to open letters of credit. Some banks, including the Islamic Development Bank, Higher than this amount.

"We are discussing in our talks with the Iraqis a definition of a human rights framework in which our economic activists can work and how Iraqis can benefit from the facilities granted," Khosrotag said.

http://alforatnews.com/modules/news/article.php?storyid=163535