ID :
193279
Wed, 07/06/2011 - 14:18
Auther :

Rahimi Arrives in Baghdad to Ink Major Economic Agreements

TEHRAN (FNA)- Iran's First Vice-President Mohammad-Reza Rahimi arrived in Baghdad on Wednesday to meet with senior Iraqi officials and sign a number of agreements on mutual cooperation in various grounds.
Rahimi, who is head a senior economic delegation during the visit to Baghdad, is slated to attend the 3rd meeting of Iran-Iraq High Joint Commission of Economic Cooperation later today.

The two countries' High Joint Commission meeting will be headed by Iraqi Prime Minister Nuri al-Maliki and Rahimi. Transfer of Iran's gas to Europe via Iraq and Syria is reportedly among the major issues to be discussed in the meeting.

A number of cabinet ministers are accompanying Rahimi in the visit.

During the two-day trip, the two sides are scheduled to sign a number of agreements in various grounds, including avoidance of double taxation, customs cooperation, encouragement and support of joint investment and economic and trade cooperation.

Also during his stay in the Iraqi capital, Rahimi, along with a number of Iraqi officials, are due to attend an economic gathering of 100 Iranian firms and companies active in Iraq.

Iran's Foreign Minister Ali Akbar Salehi had earlier informed of Rahimi's upcoming visit to the Iraqi capital.

Salehi, who made the announcement during a joint press conference with his visiting Iraqi counterpart Hoshyar Zebari here in Tehran in late June, said that the current annual volume of trade and economic exchanges between the two countries stands at $4-5bln, "while the two countries' capacities and potentials are beyond this level (of exchange) and we hope that Mr. Rahimi's visit would open the way to increase the volume of exchanges to a remarkable amount".

It is predicted that trade exchanges between the two neighboring states would increase to $6bln during the current year.

The Iraqi prime minister has on various occasions stressed his country's resolve to further boost ties with Iran in different fields.

He said in May that Iraq was determined to pave the way for bolstering positive cooperation among the regional countries, adding that Baghdad sought to have an active presence in the region through promoting a new economic system.

Iran and Iraq have enjoyed growing ties ever since the overthrow of the former Iraqi dictator, Saddam Hussein, in 2003.

Both sides are working on a series of plans to take wide strides in the expansion of their ties, in economic fields in particular.










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