Egypt's oil minister to visit Iraq today

A source at the Iraqi oil ministry said on Monday that the Egyptian oil minister Samih Fahmi will today start a visit to Iraq aiming at holding oil talks with Iraqi officials, according to the agreement of liberalizing trade recently signed between the two states.

The same source added that Fahmi who will preside over a delegation including the minister of the electricity and energy Ali al-Saedi will hold talks with his Iraqi counterpart Amer Muhammad Rashid on Wednesday and will sign memorandum of co-operation. But the source did not give further details.

It was announced in Egypt on Sunday that the Egyptian minister of the economy and foreign trade will head for Iraq next Friday on top of a trade and economic delegation including the chairman of the federation of the chambers of commerce and more than 170 businessmen.

Worthy mentioning that the Iraqi vice- President Taha Yassin Ramadan signed in January this year the free trade agreement with Egypt.