May 13 2012
|more articles from|
Hopes to increase trade between Iraq and Egypt
The Iraq-Egypt Commercial Committee, made up of members from various ministries in the federal government, have announced that they will work towards finding a plan to raise the volume of trade exchange between the two countries.
The committee head, in charge of developing a plan to raise trade exchange, Kamal Sharif, told AKnews that a joint committee between Egypt and Iraq met in Baghdad today to set out a road map to increase the volume of trade exchange between the two countries to $2bn (2.3tr IQD) during the current year.
The Joint Committee will work to activate the trade and economic agreements, better facilitate the Egyptian companies coming to work in Iraq and address legal obstacles.
Iraq's trade volume with Turkey is approximately $12bn annually, with Iran $4bn, with Jordan 1bn and with Syria $2bn.
© Copyright Zawya. All Rights Reserved.
- College student snares record long Burmese python near Miami
- What's in a name? U.S. starts using Myanmar as well as Burma
- Marijuana waste helps turn pot-eating pigs into tasty pork roast
- Man climbs onto dome of St Peter's to protest Italian politics
- Prague metro plans to launch love train for singles
- There's More