Iran, Iraq ink MoU on transportation
Iran's Minister of Roads and Urban Development Ali Nikzad (L) and Iraq's Minister of Transportation Hadi al-Amiri signed an MoU on transportation.
Iran and Iraq have signed a memorandum of understanding (MoU) to increase cooperation in road, railway and air transportations as well as technical and engineering fields.
The MoU was signed by Iran's Minister of Roads and Urban Development Ali Nikzad and Iraq's Minister of Transportation Hadi al-Amiri on Wednesday.
Under the MoU, Iran and Iraq agreed to facilitate bus travel and launch more direct flights between the two countries. They also agreed to connect the two countries' railways through Khosravi and Shalamcheh border lines.
Nikzad also said Iran is ready to cooperate with Iraq in housing projects.
He said that the value of Iran-Iraq trade ties stood at 7 billion dollars and called for more cooperation between the two countries.
Amiri, for his part, hailed Iraq's trade and economic cooperation with Iran and called for the exchange of experience and expertise between the two neighbors.