Iranian products exclusive expo to be held in Basra in early Dec.

INSUBCONTINENT EXCLUSIVE:
TEHRAN- Iran will hold an exclusive exhibition of its products in Basra during November 30-Decemebr 9.This exhibition is organized with the
Company).Earlier this month, the Islamic Republic of Iran Customs Administration (IRICA) announced that Iran has exported non-oil products
valued at $2.398 billion to Iraq in the first four months of the current Iranian calendar year (March 21-July 22).Based on the IRICA data,
previous Iranian calendar year 1400 (ended on March 20) as compared to the preceding year.As reported, Iran exported $8.916 billion worth of
Commerce, Iran is planning to boost its annual trade with neighboring Iraq to $20 billion.Speaking in a business forum between Iran and
broadening and enhancing trade and economic ties with neighboring states, he emphasized.Elsewhere in his remarks, the chairman of the
exchange between the two countries at about $13-$14 billion.Iran and Iraq signed a memorandum of understanding (MOU) on economic cooperation
technical committees were formed in various business fields to discuss technical and engineering services and other topics of interest
The meeting also proposed and supported the establishment of a joint investment fund between the two countries and hopes to continue its
path.Good agreements were also reached to review establishing a shipping corridor and increasing the number of Iraqi aircrafts passing over
Iran.MA/MA