Report

rss

Iraq News

Kurdistan

Economy

World

All News

Iranian Minister proposes to establish a joint investment fund with Iraq

Category: Economy

Date: 2021-01-12T12:34:57+0000
Iranian Minister proposes to establish a joint investment fund with Iraq

Shafaq News / The Iranian Energy Minister, Reza Ardakanian, proposed to establish a joint fund with Iraq for the export of technical and engineering services, according to Fars news agency.

The agency quoted the Minister saying during the commercial meeting within the framework of the joint Iranian-Iraqi Economic Committee held in Tehran today, that Iran is ready to establish a joint investment fund with Iraq in the mentioned field. 

He indicated that the fund would assist the private sector from both countries in implementing projects.

On the other hand, Ardakanian stressed that Iran is ready to activate the agreements concluded with Iraq and concluding other agreements to develop inter-cooperation.

The Minister pointed out that Tehran and Baghdad seek to achieve a level of trade exchange that reaches more than 20 billion dollars annually, emphasizing the need to lift customs, monetary, banking, shipping, and transport restrictions and clear the way for the private sector to participate in the process. 

related

Iran to resume gas flows to Iraq after agreement reached on unpaid bills -Iraq ministry

Date: 2020-12-29 18:44:03
Iran to resume gas flows to Iraq after agreement reached on unpaid bills -Iraq ministry

Iraq and Iran might hit a 20 billion dollar commercial exchange target, Iranian official says

Date: 2021-12-07 09:55:35
Iraq and Iran might hit a 20 billion dollar commercial exchange target, Iranian official says

CBI governor discusses with his Iranian counterpart addressing Tehran's financial dues

Date: 2021-11-03 11:32:41
CBI governor discusses with his Iranian counterpart addressing Tehran's financial dues

U.S. quietly grants 120-day waiver for Iraq to pay for electricity from Iran

Date: 2021-12-09 11:52:37
U.S. quietly grants 120-day waiver for Iraq to pay for electricity from Iran

Iraq is Iran's second-largest importer from Iran

Date: 2021-01-26 09:26:42
Iraq is Iran's second-largest importer from Iran

32km Iran–Iraq railway link to be built over next two years

Date: 2022-01-06 17:02:01
32km Iran–Iraq railway link to be built over next two years

Iranian officials deny reports about liberating Iranian funds frozen in Iraq and S. Korea

Date: 2021-11-14 17:17:18
Iranian officials deny reports about liberating Iranian funds frozen in Iraq and S. Korea

Iraq paid most of its electricity dues to Iran

Date: 2021-01-06 08:10:29
Iraq paid most of its electricity dues to Iran