Iraq and Egypt discuss increasing the volume of trade exchange

9/2/2017 0:00

Cairo / Esra Khalifa
Search Iraqi ambassador to Cairo, Habib al-Sadr with the Minister of Industry and Foreign Trade of Egypt Tarek Cain, ways of increasing the volume of trade exchange and coordination of work between banks.

He said al - Sadr in a statement the "morning" that " the two sides discussed during the meeting, ways of increasing the volume of trade exchange, as well as activating the work of Iraqi banks, including Rafidain Bank Cairo branch to increase the movement of funds , including live up to the size of the relationship between the two countries , " noting that " the most important factors that helps to do this is to facilitate the granting of visas for businessmen measures to increase mobility and business meetings between the two sides. " He said al- Sadr "We call on all Egyptian companies to participate in the Baghdad International Fair or organize exhibitions specializing in various fields , " he said , adding that " the Egyptian goods characterized by quality and competition in terms of price and enjoy high admissibility of Iraqis , " the ambassador pointed out that "Iraq wants to benefit from experiences Egyptian factories in the Iraqi administration in order to re - invest or open new factories to revitalize Iraq 's industry sector. "

He also stressed that he "discussed the subject with the Egyptian side to import the ration card items of Egyptian products, especially activation of edible oil import agreement." For his part, Tariq Cain said in an interview for the "morning", that " the Egyptian - Iraqi relations historic relations rooted, and there is a presidential directive Egyptian economic openness with Iraq, and increase the volume of bilateral trade to the level that serves the interests of the two brotherly peoples , " stressing " the participation of Egyptian companies in Iraqi opposition, as well as Akabbalha to contribute to the reconstruction of Iraqi cities in the pan. "

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