Iraqi - Egyptian contracts for exchanging the agricultural products.

The Iraqi ministry of agriculture signed 5 contracts with Egyptian companies for 23 million pound ($7 million dollars), within the fourth stages of the understanding note, signed between Iraq and the Untied Nations.

The contracts include exporting pumps and electric generators for the Iraqi ministry of agriculture.

An official sources said "that these contracts are the result of the visit of the Egyptian minister of trade and supply "Ahmed Gowaili" to "Baghdad" on the 16th of last June, during which he signed a note for the commercial economical cooperation between Iraq and Egypt that includes increasing the trade volume to (250) million dollar annually within the understanding note."

The source expected multiplying the contracts volume signed between Iraq and the Egyptian companies for exporting agricultural products machines and vaccines.