Iraq and Iran discuss development of economic and industrial cooperation

Views 44 Date 09/25/2016 - 18:20

Economy News / Baghdad ...

Search and Minister of Planning and Trade Salman Jumaili and his accompanying delegation with Minister of Industry, Mines and Trade Iranian Nematzadeh, the development of economic and industrial cooperation between the two countries.

The ministry said in a statement: "Economy News" received a copy of it, that "the two parties discussed during the meeting, the possibility of benefiting from Iran's experiences in the development of the reality of the industry in Iraq, as well as a discussion of trade exchange between the two countries and border crossings file and entering Iranian goods to Iraq."

Jumaily said, during the meeting that "Iraq seeks to overcome all obstacles to the development of relations between the two countries in all fields, particularly in the commercial, industrial and economic side."

He added, "The Iraqi government has taken a number of steps and actions that would increase cooperation to benefit from Iran's capabilities and ensure that facilitate the entry of Iranian companies to compete with international companies in the supply of ration card."

He continued, "The evolution of Iran's industry over the past years makes the Iraqi side more confident in transferring this experience to Iraq," noting that "there are some problems in the supply of goods to Iraq, some of them regard the Iraqi been stated and the need to match Iran's industries entering Iraq to this standard." .

The Minister of Planning, that the "Memorandum of Understanding that was signed between the two countries in the field of standardization and quality control represents an important step in the field of import and export between the two countries because it includes a large number of goods."

He pointed out that he "will be introduced ten commodities are then expanded to include then all goods agreed upon by the parties discussed a number of other issues, including the organization of work at border crossing points and the possibility that the work the clock to ensure no delay in goods in the ports which may expose some of the damage as well as discuss the organization of arenas of trade at border crossing points and to develop a process suitable for clear business shipments of Iranian trucks to Iraqi trucks and vice versa and as soon as appropriate there to be high in the smooth entry of those goods and not damaging the mechanics. "

The statement pointed out, that "the two sides discussed during the meeting, the possibility of Iranian companies equip some of the ration card to calculate the Iraqi Ministry of Trade and especially oil, rice, flour material."

And Abizaid, "because Iraq needs 35,000 tons of edible oil per month to meet the ration card requirements, and 75,000 tons of sugar and 110,000 tons of rice, with an annual need of flour 4 Mlaynen and 500,000 tons at a time when Iraq is drawing to meet domestic need of wheat" .

And between, that "the meeting also touched on file for benefits companies and contractors Iranians owed by the Iraqi government for carrying out a number of investment projects during the past two years."

The Jumaili, that "the government has begun to pay these benefits through the issuance of bonds backed and will receive 50% of their dues as a first stage with the contractors who will get more than the completion rate in the Projects directly executed by 85% on a full entitlements provided pledge to complete the project."

For his part, Minister of Industry, Mines and Trade Iranian Nematzadeh for "his country's desire to develop relations and provide all kinds of support for Iraq to Msada'dth to overcome security and economic distress."

He added that his government was "ready to equip the Iraqi Ministry of Trade textured edible oil have good qualities and discounted prices," praising "the actions and steps taken by the Iraqi government for the development of bilateral relations, including the signing of a memorandum of mutual recognition between the two standard specifications."

He called, to "create an Iranian commercial center permanently in Iraq to carry out the task of coordination between the two countries in the field of import and export," pointing to "the possible consolidation of the banking system between Iraq and Iran, because this would a lot of the problems resulting treatment because of the lack of such a banking system." .

Content link