Iraq and Iran are discussing the possibility of using the two countries’ currencies in trade exchange and financial transfers

Iraq and Iran are discussing the possibility of using the two countries’ currencies in trade exchange and financial transfers

2023-10-31 03:35

Iraq and Iran are discussing the possibility of using the two countries currencies in trade exchange and financial transfersShafaq News/ The Iraqi Prime Minister, Muhammad Shiaa Al-Sudani, discussed today, Tuesday, with the Iranian Minister of Industry, Mines and Trade, the possibility of using the two countries’ currencies in trade exchange and bilateral financial transfers.

His media office said, in a statement received by Shafaq News Agency, that Prime Minister Muhammad Shiaa Al-Sudani received, today, the Minister of Industry, Mines and Trade of the Islamic Republic of Iran, Abbas Aliabadi, and during the meeting, they discussed economic relations between the two countries, and ways to enhance them and strengthen exchange and partnership. At various levels and fields.

Al-Sudani indicated Iraq’s readiness to open horizons for bilateral cooperation in the field of petrochemical and fertilizer industries, because of their strong impact in promoting internal development.

For his part, according to the statement, the Iranian Minister conveyed the greetings of the President of the Islamic Republic of Iran, Ebrahim Raisi, and his emphasis on the necessity of proceeding with fruitful economic integration projects, in the face of the economic challenges witnessed by the region and the world.

The meeting also witnessed, according to the statement, discussion of the possibility of moving towards using the national currencies of the two countries in trade exchange and bilateral financial transfers, in order to have more flexibility in dealing, for the benefit of the two countries.

shafaq.com