Signing of three economic agreements between Iran and Iraq

Signing of three economic agreements between Iran and Iraq
  • 2015-09-06
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Three Customs, Tax and Mutual Cooperation Agreements were signed with the participation of our Minister of Interior and Minister of Finance of Iraq.

Speaking about the signed agreements, Ali Tayebinia said: These agreements include three agreements on “avoiding double taxation”, “customs cooperation” and “encouraging and protecting investment”. It is reciprocal.

The Minister of Economy further stated that the volume of trade between the two countries now amounts to twelve billion dollars annually including other cooperation such as transit and tourism. Billion dollars a year.
 
In a speech congratulating the Iranian government and nation on the success of the nuclear talks, Iraqi Finance Minister Hoshyar Zebari praised the agreement as sensible, beneficial and beneficial to Iran and the region. While reviewing the latest state of economic cooperation, the Iraqi Finance Minister described the two countries' relations forward and expressed hope that these relations would see an increase and expansion.