The Joint Economic Committee: Economic relations between Iran and Iraq are growing rapidly

Iraqi and Iranian flag

money and business

Economy News – Baghdad

The Secretary of the Joint Economic Committee between Iran and Iraq, Muhammad Wali Alaa Al-Dini, confirmed that the two countries have many common points in all social, cultural, political and economic fields, which made the joint economic relations between them achieve rapid growth.

Alaa Al-Dini added, in statements followed by Al-Eqtisad News, that “according to the ongoing negotiations between Tehran and Baghdad and the holding of the meeting of the Joint Economic Committee between Iran and Iraq on February 10 and 11, and at a time when Iran is suffering from the US embargo, the two countries have been able to take great steps in the field of Developing economic relations in various fields, including reconstruction and exporting non-oil products. ”

And he added, “Iranian exports to Iraq included all fields, including agriculture, building dams, electricity and water equipment, as well as the tourism field,” expressing his “hope to continue and vigorously exporting Iranian products to all neighboring countries, especially Iraq.”

And Iraqi Foreign Minister Fuad Hussein arrived in Tehran on Saturday morning to meet with Iranian officials. This is the second visit of the Iraqi foreign minister to Tehran this February.

The Secretary of the Supreme National Security Council of Iran, Ali Shamkhani, and the Minister of Foreign Affairs of Iraq, Fuad Hussein, discussed the common relations between the two countries.


Representative economy reveals the date of approving the budget

Time: 02/27/2021 23:39:26 Read: 3,263 times

{Baghdad: Al Furat News} The head of the Parliamentary Economic and Investment Committee, Representative Ahmed Salim Al-Kinani, revealed today, Saturday, that it is hoped to vote on the general budget for the current year 2021, at the end of this week, after completing the amendments and proposals on its paragraphs.

“The budget for the current year 2021 is nearing completion after the Finance Committee completed amending some paragraphs and proposals, and it was sent to the government side and reviewed,” Al-Kinani said in a statement.

The head of the Parliamentary Economic and Investment Committee confirmed that “it is hoped that parliament will vote on the budget at the end of this week.”

Raghad Daham


Parliamentary security: The number of NATO forces does not exceed 400 soldiers, and their tasks are training only

Local | 10:33 – 27/02/2021

BAGHDAD – Mawazine News

The Parliamentary Security and Defense Committee determined, on Saturday, the number of NATO forces in Iraq.

A member of the committee, Abbas Sarout, said in a statement followed by / Mawazine News, that “the NATO forces present in Iraq are responsible for training and not combat, according to the Iraqi government’s agreement with them.”

He added that “the number of NATO allies in Iraq does not exceed 400 soldiers,” noting that “the training tasks do not need large or additional numbers.” Ended 29 / A 87


The International Coalition: We have reduced the number of our soldiers, and the Iraqi forces no longer need training

Editing date: 02/27/2021 20:14 • 7 times read

[Baghdad-Where] A

commander in the international coalition confirmed, on Saturday, the reduction of the number of its soldiers in Iraq, and while noting that the Iraqi forces no longer need training, he indicated that the mission of NATO forces is to provide advice.

The Commander-in-Chief of the Joint Task Force for Strategic Affairs of the International Coalition, Major General Kevin Katsi, said, “The terrorist gangs of ISIS have reached their final stages and the Iraqi forces have succeeded in dismantling them,” indicating that “Iraqi forces killed and arrested many ISIS terrorist leaders.”

He added, “We are working with the Iraqi security forces to dismantle the financial network of ISIS,” explaining that “the armed groups that carry out missile attacks pose a threat to Iraq.”

He pointed out, “The government and security forces deal with missile attacks carried out by armed groups and are committed to supporting Iraqi forces in confronting missile attacks against diplomatic missions.”

He continued, “We have reduced the number of our forces at the request of the Iraqi government and are coordinating with the Joint Operations Command and with the Peshmerga forces to confront the remnants of ISIS.”

And he went on to say: – NATO forces provide advice to the Iraqi security forces, pointing out that “ISIS gangs exploit the difficult terrain to target civilians and the Iraqi forces are able to deal with them.”

Regarding the sorties, he explained, “Any sortie for our planes is only done with the approval of the government. Iraqi air forces and sorties are not limited to us, but there are many tasks that Iraqi aircraft and the army’s aviation

carry out . ”He added:“ Iraqi forces are able to carry out large-scale security operations without the aid of air strikes, and the Iraqi forces no longer need training because they are at a level of sufficient professionalism.

” “The intelligence cooperation has become bigger and wider after the changes that the Prime Minister made to the security leaderships.”

He concluded: “We rely on the intelligence information provided by the Iraqi security leaders and the change in security leaders leads to higher operations in detecting missile attacks,” stressing that “most of the attacks on the columns target equipment provided to the Iraqi forces and not to the coalition.”

And he considered, “The operations against the international coalition columns are a threat to the security of Iraq and the lives of civilians.”


Foreign Minister: We will not allow the recent events to be used to undermine the relationship between Baghdad and Tehran

Time: 02/27/2021 17:05:47 Read: 1,105 times

(Baghdad: Al Furat News) The Minister of Foreign Affairs, Fouad Hussein, confirmed, on Saturday, during his meeting with his Iranian counterpart, Muhammad Javad Zarif, in the Iranian capital, Tehran, that Baghdad will not allow the disruption of the excellent relations with Iran.

Tehran announced that the Foreign Ministers of Iraq, Fouad Hussein and Iran, Muhammad Jawad Zarif, confirmed during a meeting held between them today that their countries would confront any attempts aimed at undermining their bilateral relations.

In a statement, the Iranian Foreign Ministry stated that Zarif condemned, during the meeting held in Tehran, the recent US air strikes that targeted Iraqi factions in the Syrian Albu Kamal region at the borders of Iraq, stressing that they constitute a violation of the country’s sovereignty.

Zarif also indicated, according to the statement, that “some recent attacks and incidents inside Iraq may be aimed at undermining Iraq’s relations with Iran and the security and stability of this country.”

In turn, Foreign Minister Fuad Hussein stressed, according to the statement, that Baghdad “will not allow the events that take place on its territory to be exploited with the aim of sabotaging the distinguished relations between the two countries.”

Hussein expressed Baghdad’s readiness to facilitate Iran’s access to its frozen assets in Iraq under the US sanctions, stressing that progress has been made in the negotiations between the two countries in this regard.



Saturday, February 27, 2021 3:19 PM

Category:  Economy and Business

Baghdad / National News Center

Today, Saturday, the Central Bank of Iraq announced that its cash reserve has risen to more than $ 55 billion.

The central said in a statement followed by the “National News Center” that “the increase in monetary reserves came as a result of high oil prices,” indicating that “the monetary reserve has now exceeded $ 55 billion.”

The central added that “the decrease in bank purchases from the outlets led to an increase in the cash reserve.”