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Iran, Iraq to boost technical-vocational cooperation

Business Materials 24 October 2012 22:45 (UTC +04:00)
Iran and Iraq have signed a deal in Baghdad, according to which the two neighbors will expand cooperation in technical and vocational fields, the dolat.ir reported on Tuesday.
Iran, Iraq to boost technical-vocational cooperation

Azerbaijan, Baku, Oct.23/ Trend G.Mehdi/

Iran and Iraq have signed a deal in Baghdad, according to which the two neighbors will expand cooperation in technical and vocational fields, the dolat.ir reported on Tuesday.

Cooperatives ministers of the two sides signed the deal. Iran pledged to provide Iraq with technical and engineering expertise, dispatch technical and vocational trainers and hold related courses in Iraq.

On August 19, Iranian Industry, Mine, and Trade Minister Mehdi Ghazanfari met with Iraqi Trade Minister Khairalla Hasan Babiker in Tehran. Ghazanfari said Iran is ready to launch joint ventures with Iraq in the fields of trade, transportation, and insurance, the Mehr News Agency reported.

The two sides also agreed to establish joint companies in order to boost industrial and mineral exports to Iraq.

Iran expressed readiness to invest in infrastructure projects.

Iran's Foreign Ministry Spokesman Ramin Mehmanparast said that the value of trade turnover between Tehran and Baghdad will reach $12-15 billion in the current Iranian year (ends on March 20, 2013).

Earlier in April, Iranian President Mahmoud Ahmadinejad said at a meeting with Iraqi Prime Minister Nouri al-Maliki that there was no barrier to the development of political, economic and cultural relations between Iran and its western neighbor.

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