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Iran, Iraq plan to sign 6 economic MOUs

Iran Materials 22 June 2011 11:15 (UTC +04:00)

Iranian First Vice President Mohammad-Reza Rahimi will visit Iraq on July 6 in order to take part in the Iran-Iraq Joint Supreme Economic Committee, Foreign Minister Ali-Akbar Salehi said here on Tuesday-MNA reports.

Salehi added that, "the two countries have reached agreement for signing 4 memorandums of understanding and 2 other items are also being discussed which is hoped to be finalized by the mentioned date."

Talking in a joint press conference with his Iraqi counterpart Hoshyar Zebari, Salehi put the two countries' current annual trade value at $4-5 billion.

The aim of forming the Iran-Iraq Joint Supreme Economic Committee is to expand economic relations between the two countries.

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