Iran, Iraq discuss trade relations

Dec. 2, 2009 at 3:15 PM

BAGHDAD, Dec. 2 (UPI) -- The Iranian envoy to Iraq led a delegation to Baghdad to meet with Iraqi President Jalal Talabani to discuss a series of bilateral issues including trade.

Kazemi Qomi, the Iranian ambassador, arrived in Baghdad on Wednesday to discuss joint cooperation in a variety of fields.

His arrival comes as Ali Mousavi, the head of the provincial trade organization in Tehran, announced plans to send several trade representatives to Iraq for a five-day trip starting Dec. 14, the Fars News Agency reports.

The trade delegate noted Iranian investors are scheduled to meet with members of the various chambers of commerce in Iraq during their visit. Tehran notes its trade volume with Iraq has reached around $2.5 billion.

"Therefore, Iraq enjoys a good potential for investment and the two countries' traders are significantly eager to expand trade exchanges," the Iranian envoy said.

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