The first Bahraini official trade delegation to Iraq since 12 years
In the first visit of its kind since 12 years a Bahraini delegation composed of 50 businessmen as well as the advisor for the executive chairman of the higher council for development Muhammad al-Assoumi will pay a visit to Iraq.
The visit falls in the course of accelerated trade relations between Bahrain and Iraq recently, especially after it signed the agreement provided for the establishment of a free trade agreement. In this regard, the Bahraini economic development council approved the establishment of this free trade area and it is expected that Iraq will approve it soon.
The visit of the Bahraini delegation to Iraq coincides with the holding of the Fair under the title "re-building the infrastructure in Iraq" which will be held on March 17 through 20.
The chairman of Bahrain's chamber of commerce and industry Khaled Kano said that the foundation of a free trade area will help increasing the trade exchange volume between the two states which is at the meantime stands at a value of USD 6 million.
