Iraq is ready to cooperate with Iran in establishment of railroad network between the two neighboring countries, Iraqi Minister of Transportation and Telecommunication Bahnam Ziya Bulis said in Baghdad on Sunday, IRNA reported.

Speaking at a meeting with Iran's Charge d'affaires to Baghdad Ali-Reza Haqiqian, Ziya Bulis described Iran and Iraq as two brothers feeling great respect for each other.

He further referred to Iraq's new policy and approach for having wide cooperation with all regional states, and stressed the need for establishment of a joint committee for realizing the two sides' interests in transportation field.

The minister also expressed Iraq's readiness for close relations between the two countries' ports.

Haqiqian, in response, explained Tehran's foreign policy towards Iraq and said that Iran is ready to cooperate with the Iraqi transitional government in all arenas.

He reminded transportation agreements concluded between Iran and Iraq during the former Iraqi regime and called on the two sides to implement the projects.