Iran and Iraq have signed a memorandum of understanding in the banking sector.
The ceremony, which took place in Baghdad, was attended by the Governor of the Central Bank of Iran, Valiollah Seif, and his Iraqi counterpart Ali Al Alagh, IRNA reports.
They also agreed to set up the Iran-Iraq Joint Banking Committee, aimed at monitoring the proper implementation of the banking agreement.
During the visit the sides also discussed the strengthening of banking cooperation between the two countries, Trend reports.
