ID :
150699
Mon, 11/22/2010 - 15:15
Auther :

Iran implementing 750 projects in Iraq: official

Iranian contractors are currently implementing 750 projects in Iraq, the head of Iran's Chamber of Commerce, Industries and Mines said on Sunday.


Yahya Al-e Eshaq told the press conference that Iraq is planning to open a branch of one of Iraqi banks in Iran.

He said that Iran's annual investments in Iraq stand at $100 billion, a golden opportunity for the country.

He called on the government to pave the way for Iranian banks' presence in Iraq too to speed up transactions.

Referring to Iraq's market demands, Al-e Eshaq described the country as one of major venues for investment in the Middle East.

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