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Iraq targets $1 billion in Iraqi - Egyptian exchange
Iraq-Egypt, Economics, 2/13/1999
Iraqi Minister of Trade Mohammed Mahdi Saleh stated that commercial exchange between Egypt and Iraq will reach $300 million this year after being $20 million in 1989.
Saleh said that agreements were signed this month worth $86 million in the fifth phase of the oil-for-food agreement as a result of the UN sanctions on Iraq.
He stated Iraq hopes to increase the volume of commercial exchange between Egypt and Iraq to a $1 billion after lifting the sanctions to benefit from Egyptian international experience in the fields of sugar refinement, agriculture, electricity, education, medicine and construction operations.
Previous Stories:
Iraq and Egypt to sign note of understanding
(11/24/1998)
60 Egyptian companies take part in Baghdad international fair
(10/15/1998)
Iraqi - Egyptian commercial committee to meet in November
(9/18/1998)
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