Iraq vows to activate the banking and financial dealings with Iran


History of edits:: 19.02.2016 9:11 • 145 visits readable

Iraq vows to activate the banking and financial dealings with Iran 

[Where – Follow-up] 

Iraq vowed to activate the banking and financial dealings with Iran, which has promised to turn the Iraqi side to continue serious this issue and remove the problems between the two sides in this area.

According to Iranian sources, he met Minister of Industry, Mines and Trade of Iran, Mohammad Reza Nematzadeh Thursday in Baghdad, President of the Central Bank of Iraq Ali Mohsen Keywords, which was considered one of the necessities of trade cooperation and investment placement, activate trading banking and finance between the two countries promised to the Iraqi side to follow-up the serious to this topic problems and the removal of before the transaction banking and finance between the two sides. 

he also met with President of the National Council for the Iraqi investments Sami al-Araji in Baghdad ready corporate Iran announced to employ joint investments in industrial projects in Iraq. 

the al-Araji was proposed in the meeting to conclude a memorandum of understanding for the recruitment of joint investments between the two countries and said that the National Council for investment has a number of projects under construction. 

he pointed out Rumaila to generate electricity station in southern Iraq capacity of 300 MW, he said companies Iranian involved in this important project. 

Araji said that “there are good opportunities for cooperation with Iran in agriculture, electricity, oil and gas, communications and take advantage of the technical sciences for companies Iranian sectors . ” 

during a meeting with the Minister of Industry and minerals Mohammed Darraji said Nematzadeh Iran’s readiness to set up towns, industrial and investment in the challenged and the reconstruction and construction of industrial units new in Iraq. 

for his part, the Iraqi minister said that the number of industrial units Iraqi Mthrih and in need of modernization and reconstruction and that Iran due to their experience and technical sciences Bamکanha help Iraq in this area. ”

2 thoughts on “Iraq vows to activate the banking and financial dealings with Iran

  1. What could Iran offer Iraq,they are,third world country,their economy are struggling even though the US and Europe trying very hard to safe the Mullah’s regime from collapsing,they are backwards country,their industry can not even sufficiently sustain a move forwards society,but then so the Iraqi Mullahs lead by Ayatollah Abadi mess up, what left of the Iraq.


  2. Good morning!  I am having a problem opening the ITTS, but this article may confirm your Iranian thoughts. How do you do banking, finance, and trade without internationally tradeable currency?SmileI did read Tlar’s comments and they were great.  He is quite the historian.  He just got back from a vacation so he must be refreshed, optimistic, to be commenting at CC. Smile


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