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Azerbaijan, Iraq plan to improve system of mutual financial settlements - AZPROMO

Finance Materials 17 September 2024 18:04 (UTC +04:00)
Azerbaijan, Iraq plan to improve system of mutual financial settlements - AZPROMO
Lada Yevgrashina
Lada Yevgrashina
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BAKU, Azerbaijan, September 17. Azerbaijan and Iraq are discussing the organization of direct payments as part of expanding cooperation in the financial and banking sectors, Executive Director of the Azerbaijan Export and Investment Promotion Agency (AZPROMO) Yusif Abdullayev told reporters on the sidelines of the Azerbaijan-Iraqi business forum in Baku today, Trend reports.

“We discussed the organization of direct payments, mutual settlements between Azerbaijan and Iraq, and problems and obstacles in this matter. The parties recognized the need to make effective decisions that will eliminate shortcomings in trade relations between the two countries and help significantly increase trade turnover,” Abdullayev said.

To note, today, the Azerbaijani-Iraqi business forum took center stage in Baku.

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