Iran Press/Middle East: In a meeting with Iran's Central Bank Governor in Baghdad, Adel Abdol-Mahdi called for strengthening of relations between Tehran and Baghdad.
Iran's Central Bank Governor, Abdolnasser Hemmati discussed with the Iraqi Prime Minister the latest situation of banking and monetary relations between the two countries.
Stressing the reinforcement of ties, the two officials discussed ways of facilitating banking and financial relations to enhance trade between the two countries, Iran Press reported.
Hemmati hoped that relations will expand more than before, especially in banking.
Hemmati arrived in Baghdad on Tuesday evening and was received by his Iraqi counterpart Ali Mohsen Ismail al-Alaq; they also signed an agreement on payment.
Currently, Iran and Iraq have extensive political and trade ties with each other. Iraq depends on Iran's natural gas imports for electricity generation.
Iran is currently Iraq's top trading partner, with volume of Tehran-Baghdad trade reaching about $12 billion, according to Iraqi officials.
The two countries are currently working on the supply of Iranian natural gas to the Sadr neighborhood of Baghdad, and al-Mansuriya power plants through a 270-kilometer pipeline and to Basra near the Iranian border via a separate pipeline. 101/ 211 /202
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