Tehran, Iran, May 3
By Kamyar Eghbalnejad - Trend:
Iran and Kurdish regional government (KRG) in northern Iraq signed a memorandum of understanding (MoU) on expanding economic cooperation.
The cooperation document was signed on May 3 in the presence of Iran's Minister of Industry, Mine and Trade Mohammad Shariatmadari and a number of KRG regional officials in Erbil.
“The MoU could be a good opportunity for both sides to develop mutual cooperation,” Shariatmadari told reporters following the signing ceremony on Thursday.
He added that Tehran and Erbil have set up a joint commission to pursue the implementation process of the agreements signed between the two sides earlier.
We are here in Erbil to explore business opportunities in Iraq, particularly in the KRG, he said.
Heading an economic delegation, Shariatmadari is in the Iraqi city of Erbil to attend an economic conference about the business opportunities of the two countries.
