Trade turnover between Iran and Iraq has increased about 20-fold and may reach $25-30 billion annually, Mohammad Shariatmadari, the vice president of Iran for executive affairs, told an Iranian-Iraqi forum, Iran.ru reports.
He noted that relations between the two countries were strategic and the new government in Iraq will pass a set of decisions to stabilize the situation in the country and the region. He said that ISIS has consolidated the country and there were reasons to hope for an end of the terrorist organization.
The vice president clarified that Iran was exporting engineering and technical services worth $5.4 to $6 billion a year and many Iranian companies wanted to work in Iraq.
