Azerbaijan, Iraq sign trade co-op deal
BAKU – The Azerbaijani and Iraqi governments signed on Wednesday an agreement on trade, economic, scientific, technical and cultural cooperation.
The document was signed by Azerbaijan`s Deputy Premier Abid Sharifov and Iraqi Trade Minister Safa Al-Din Muhammad Al-Safi.
Prior to the signing ceremony, Sharifov and Al-Safi had a conversation, during which they said historical and cultural relations between Azerbaijan and Iraq had deep roots.
Sharifov noted the volume of trade between the two countries constituted $50-60 million, added, "however, this falls well behind the potential of our countries". Sharifov underlined the necessity of expanding the bilateral economic cooperation, saying "today`s agreement will laid the foundations for strengthening it".
Al-Safi in turn said his country was keen on development of cooperation with Azerbaijan. The minister pointed out his visit would open new ways of cooperation between the two countries. "We need support of friendly countries, including Azerbaijan to establish stability in our country."
He also expressed hope that such visits would contribute to boosting bilateral ties in various fields.
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