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10/11/05

Iran, Iraq sign joint economic cooperation communique

Tehran, Oct 11, IRNA-Iran-Iraq Economic and Reconstruction Commission wrapped up its meeting here Tuesday by issuing a communique.

According to the document inked by Iran's Minister of Industries and Mines Ali-Reza Tahmasbi and Iraq's Minister of Transport Salam Oudeh al-Malki, the two sides are committed to follow up the items indicated in the memoranda of understanding signed during the visit of Iraqi Prime Minister Ibrahim al-Jafari to Iran and their executive strategies.

The matters of concern are to be dealt with within the framework of four joint committees in charge of political, industrial and mines, economic affairs and finance as well as energy.

Both parties to the Industries and Mines Commission are committed to indicate the strategies required to implement the seven projects on which mutual agreement was reached in early summer of 2005.

During the ceremony, Tahmasbi assessed the signed communique and MoUs on industrial and mine cooperation as positive and said that they would determine the future collaboration trend between the two countries.

He hoped that more meetings will be held in future, given that such exchanges could play a crucial role in expansion of multifaceted relations.

For his part, al-Malki referred to the close bilateral ties and said that the MoU signed at the joint economic commission meeting marks the actual relations between the two Muslim states.

He hoped that the inked documents would be a step towards more solid ties between Iran and Iraq.

Turning to the signed agreements as a significant achievement for both sides, he noted, "The grounds for implementation of these documents are expected to be prepared during the coming month.

During the session, another MoU on industrial and mine collaboration was signed by the two ministers.

... Payvand News - 10/11/05 ... --



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