MNA � Chairman of Iran-Iraq Joint Chamber of Commerce said that the two countries of Iran and Iraq are seeking to attain $20 billion worth of bilateral trade exchanges.







Speaking to IRNA on Tuesday, Yahya Al-e Es�hagh�pointed to the visit of Iraqi Prime Minister Mustafa al-Kadhimi to Iran today and said, �the visit of Iraqi prime minister to Iran will play a very constructive and important role in developing and strengthening trade ties between the two neighboring countries.�

During the Iraqi prime minister�s visit to Iran, planning to reach the horizon of $20 billion bilateral trade between Iran and Iraq will also be discussed, he added.

He further noted that economic issues will include a major part of the Iraqi prime minister�s visit to the Islamic Republic of Iran.

Iraq�s debt to Iran on importing electricity and energy will be the other important issues that will be discussed between Iranian and Iraqi officials, he said, adding, �agreements have already been made on the repayment of Iraq�s about $3 billion debt to the Islamic Republic of Iran, which is gradually being implemented, and during this trip, its payment system will be examined clearly.�

Elsewhere in his remarks, Al-e Es�hagh pointed to the spread COVID-19, and added, �given the outbreak of the COVID-19 and also the creation of restrictions for observing health issues in southern Iranian borders, this visit can have a direct impact in acceleration of reopening borders as well as improving bilateral trade.�

He put Iran�s value of products exported to neighboring Iran last year (ended March 20, 2020) at about $9 billion.

Some five million tons of products, valued at $1.450 billion, were exported from Iran to Iraq in the first three months of the current year (from March 21 to June 20).