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Iraqi Ambassador to Tehran to Al-Sabah: $10 billion is the volume of trade exchange with Iran
Economic 09/04/2024
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Tehran: Mohammad Saleh Sedgian
Iraqi Ambassador to Tehran Naseer Abdul Mohsen Abdullah said that the level of trade exchange between Iran and Iraq has exceeded $10 billion, expressing his hope that the figure will rise to $20 billion as stipulated in the memoranda of understanding signed between the two countries.
During his meeting with the governor of Semnan province (120 kilometers east of Tehran), the Iraqi ambassador considered the religious and cultural commonalities between the Iranian and Iraqi peoples to provide a strong basis for supporting joint work between the two countries, pointing out Iraq's readiness to establish joint industrial units with Semnan province "and that the initial executive procedures for establishing industrial units in Semnan province are on the agenda."
He considered joint economic cooperation, especially with Semnan province, in specific fields of work such as industry, agriculture and mining to be beneficial for Iran and Iraq, expressing the embassy's readiness in Tehran to provide an atmosphere for joint cooperation and export of mineral and agricultural materials from Semnan province to Iraq, and to participate in joint economic meetings attended by Iranian and Iraqi businessmen and traders.
In the cultural field, the Iraqi ambassador said that more than 1,200 Iraqi students are studying in Iranian universities, and some of these students have chosen Semnan universities to continue their studies.
In turn, Semnan Governor Mohammad Reza Hashemi expressed the province's readiness to receive more Iraqi students and capitalists to work in investment fields in the province, whether in the field of minerals or agriculture, especially since it is close to the capital Tehran and has transportation routes such as the airport and railways that connect it to the Iraqi border and free waters.
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