Iraq pledges to pay back Iranian debts soon

by **RamblerNash** Mon Apr 12, 2021 9:14 pm

Minister of Finance Ali Abd al-Amir Allawi (right) and Iranian Minister of Cooperation, Labor and Social Welfare Muhammad Shariatmadari

04/12/2021

Economy News - Baghdad

Finance Minister Ali Abdul-Amir Allawi pledged to pay Iran the debts owed by Iraq soon.

The Iraqi Minister of Finance, Ali Abdul Amir Allawi, received the Iranian Minister of Cooperation, Labor and Social Welfare, Muhammad Shariatmadari, on Sunday (April 11, 2021) in Baghdad, according to the Iranian IRNA Agency.

Shariatmadari highlighted in this meeting the many common denominators and the foundations of good neighborliness between the two countries; He stressed Tehran's readiness to share its experiences, especially in areas related to work and social welfare, with Baghdad.

In his turn, the Minister of Finance referred to the "good and valuable experiences" that Iran enjoys in various fields, especially the development and training of human resources. Welcome to benefit from these experiences with the aim of growth, prosperity and advancement of the Iraqi economy.

On the other hand, Allawi referred to the Iraqi debts due in exchange for importing gas and electricity from Iran; He assured that these debts will be paid soon.

In this meeting, the Iranian and Iraqi sides reviewed ways to enhance bilateral cooperation in the field of information exchange, social security and customs, in addition to signing a memorandum of understanding on "avoiding double taxes" between the two countries.

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