Iraqi Deputy PM Due In Tehran Soon

Tehran, Aug 12, IRNA – Deputy Prime Minister of Iraq Nuri al-Shawish Rose, leading a high-ranking economic delegation, is to travel to Iran on Tuesday, the Iraqi ambassador to Tehran said. Mohammad Majid al-Sheikh told IRNA that members of the Iraqi economic delegation are to hold talks with their Iranian counterparts on avenues to bolster economic cooperation and trade exchange between Tehran and Baghdad. The envoy said that establishment of an Iraqi bank in Iran is among the main objectives of the visit, hoping that the problems of swap of money between the two countries resulted from imposing the unilateral sanctions on Iran would be solved. Referring to over seven billion dollars worth of bilateral trade exchanges last year, he said the two countries are trying to increase the figure to dlrs 10 billion in the near future./end