- Iranians holding Ashura mourning for Imam Hussein
- Third step: Iran officially informs EU of plan to expand nuclear R&D
- Iran expands nuclear R&D program: Rouhani
- Iran goes ahead in space tech, despite US sanctions: ISA
- Resistance Front undermining Israeli regime power: Top commander
- Iran: 7 crew members of detained UK ship freed
- US addiction to sanction threaten its power: Iran’s Zarif
- Dutch role in 2007 Stuxnet attack on Iran’s nuclear site under scrutiny: Iraian FM Spox.
- Iran: ‘Sustainable Security 2019’ kicks off in Caspian Sea
- Iran’s Zarif leaves Tehran for Moscow
- Shiraz University ranked 1st in liver transplantation: Iranian health official
- Japan’s Abe to meet Iran’s president to discuss easing tension in region
- Downing of US spy drone shattered war threats against Iran: Top IRGC commander
- IAEO head reports development of first ion-therapy hospital in west of Asia
- Iranian Taekwondo team wins 2019 World Cup championship
- US sanctions failed to force Iran to buckle: Report
- Crew fixing Iran oil tanker broken down in Red Sea
- As Iranians hold nerves, US seeks to scare off trade
- Leader expresses concern about Kashmir, urges India to follow fair policy toward Muslim-majority region
- Iran saffron exports down due to smuggling, government restrictions: Exporter
- Iran FM warns US against ‘serious miscalculation’ in Persian Gulf
- Iran’s resistance policy led to release of oil tanker: MP
- Iran in reverse brain drain as top students come home in rising numbers
- Iran official calls for compensation for tanker seizure
- Iran hails N Korea for standing against ‘unilateral’ US demands
- Shia Muslims celebrate Eid Al-Ghadir
- North Korea praises Iran’s anti-US struggle
- Zarif says to meet French president Friday
- Iranian court hearing case of UK oil tanker
- Over half of Japanese voters oppose joining US-led anti-Iran coalition in Persian Gulf: Poll
- IME trade ups by 21 percent in July
- Finland backs INSTEX in defiance of US
- US anti-Iran policy in high seas harms Europeans: LA Times
- Iran, China confer on Syria
- Iran, Finland share views on Persian Gulf dialogue forum: Zarif
- Iran warns US against seizure of oil tanker
- Iraq eager to benefit from Iranian Police’s experience
- Iran planning 3rd step to reduce nuclear commitments: Spokesman
- Leader grants clemency to over 1,000 Iranian inmates
- Registration for Arbaeen Pilgrimage to begin in Iran on Friday
- Iran, Iraq agree to reopen Khosravi border crossing
- Iran deplores suicide attack at Kabul wedding hall
- Iran to hold int'l hand-woven carpets expo
- Zarif meets with Iran-Kuwait Friendship Group members
- Adrian Darya oil tanker not under any sanctions, says Iran envoy
- ‘Iran to stay in nuclear deal as long as its interests are met’
- India envoy happy with positive trend of trade with Iran
- Iran’s annual export of white meat tops 2.5m tons: Minister
- Iranian scientist discovers new state of matter
- Iran, Japan diplomats discuss bilateral ties
- Iran, Ansarullah, European representatives Yemen developments
- ‘Iran to become self-sufficient in producing aircraft engines'
- US issues seizure warrant for Iranian supertanker 'Grace 1'
- Neanderthal tooth unearthed near Iran’s Zagros mountain
- Iran’s Zarif due in Kuwait on Saturday
- US faces humiliating defeat after Gibraltar releases Iranian tanker: Envoy
- Spokesman rejects claim on Iran’s commitment in exchange for tanker release
- Zarif reacts to release of Iranian tanker in Gibraltar
- Israel, UAE engaged in secret talks on Iran arranged by US: Report
- US threatens visa ban as Iranian-operated tanker sets to sail from Gibraltar
- Enemies must factor Iran's global power in their calculations: IRGC's chief commander
- Trump’s administration conflicting messages to Iran baffle go-betweens: Report
- Gibraltar releases Iran-operated tanker despite US pressure
Monday, 12 April 2021_Iran’s Minister of Cooperative, Labor and Social Welfare Mohammad Shariatmadari says Tehran and Baghdad have signed a roadmap for five-year economic cooperation.
“The signing of the economic document was raised during the meeting with Iraq’s finance minister and was welcomed by him, and we hope to reach an agreement in the fields of customs investment, border markets and similar issues,” Shariatmadari said after the meeting in Baghdad on Sunday.
He said the document is expected to be signed during an upcoming visit of Iraq’s economy minister to Iran before the end of President Hassan Rouhani’s administration.
“Broader economic issues, especially infrastructural issues and give-and-take economic opportunities, will be common areas of cooperation that both sides are optimistic about,” he added.
Shariatmadari also explained that the two sides are laying the groundwork for a system of preferential tariffs in order to establish a large joint market, which would also lead to the establishment of a wider market in other neighboring countries.
‘Iraq to pay its debt to Iran soon’
During the Sunday meeting, Iraqi Finance Minister Ali Abdul-Amir Allawi expressed hope that by signing a comprehensive agreement, bilateral economic and financial relations would be further expanded, and that the two sides would enjoy the benefits of such cooperation.
“Iran has good and valuable experiences in various fields, especially resource development and manpower training, and we welcome it for the growth, prosperity and progress of the Iraqi economy,” Allawi said.
He noted that Iraq welcomes Iran’s ideas in technical fields, the establishment of schools for skills training, handicrafts and cultural heritage.
Iraq has received rounds of exemptions from US sanctions on the Islamic Republic so that it can import gas and electricity from Iran.
However, the Arab country has so far paid a small part of its massive debt, citing banking sanctions imposed by the US as a major issue.
Iran has on several occasions urged Iraq to pay its debt. Back in December 2020, the National Iranian Gas Company (NIGC) announced it was cutting the flow of gas to Iraq because of around $6 billion in payment arrears.
Late last month, a spokesman of the Iraqi Ministry of Electricity said Baghdad was looking for a restoration of nearly 28 million cubic meters (mcm) per day of lost gas supplies from Iran.
The spokesman, Ahmad al-Abadi, also said the two sides were reaching a solution on the issue so that supplies could return to previous levels before the start of the summer.
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