In a tweet, Nour Information, a information portal affiliated with the SNSC, stated Iraq, Iran’s second commerce associate, can be Admiral Ali Shamkhani’s subsequent vacation spot, following his visits to China and the United Arab Emirates (UAE).
“Safety and promotion of commerce exchanges value over $10 billion necessitate removing of sure challenges imposed on ties between the 2 international locations, acceleration of financial agreements and facilitation on banking cooperation”, learn the tweet.
The go to comes greater than per week after Iran and Saudi Arabia inked a historic China-brokered reconciliation settlement aimed toward restoration of diplomatic relations.
Iraq hosted 5 rounds of talks between Tehran and Riyadh in the middle of the diplomatic course of main as much as the deal.
Earlier, Iraq secured the US’s settlement to launch Iranian frozen belongings value $500 million, regardless of the anti-Iran sanctions, with the aim of stepping up commerce ties with Tehran.
PIraq closely depends on neighboring Iran for its vitality wants.