13 May 2012
ERBIL - Plans are underway to boost the volume of trade exchange 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.
ERBIL - Plans are underway to boost the volume of trade exchange 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.
© AK News 2012
