RIYADH: Iran and Iraq have underscored the importance of using their national currencies to boost trade exchanges during high-level meetings in Baghdad, emphasizing the pivotal role of economic ties between the two nations.
In a meeting held in the Iraqi capital, Prime Minister Mohammed Al-Sudani engaged in discussions with Iran’s Minister of Industry, Mining and Trade Abbas Ali-Abadi, to expand mutual trade and deepen partnerships across various sectors, reported the Iraqi News Agency.
Both sides expressed a strong commitment to strengthening their bilateral relations, with a specific focus on collaborative ventures in sectors such as petrochemicals and fertilizers.
Al-Sudani emphasized his country’s eagerness to enhance cooperation, highlighting the potential for significant progress in these key industries.
In response, Ali-Abadi stressed the urgency of advancing trade and economic projects, especially in the face of ongoing economic challenges, both regionally and globally.
Accompanied by Iran’s Deputy Foreign Minister for Economic Diplomacy Mehdi Safari, Ali-Abadi's visit aimed to engage with top Iraqi officials and explore potential opportunities for economic collaboration.
During the visit, the Iranian minister held discussions with key figures, including Iraq’s Minister of Industry and Minerals Fawzi Hariri, and the head of the Iraq Chamber of Commerce, underscoring the depth and significance of the ongoing economic dialogue between these neighboring nations.
