Shafaq News- Baghdad
The annual trade between Armenia and Iraq stands at about$400 million, Armenia's Ambassador to Iraq, Ruben Soghoyan, said on Monday duringtalks with Iraqi Transport Minister Wahb Al-Hassani on expanding bilateralcooperation.
According to a statement by Iraq's Transport Ministry, Soghoyannoted that Armenia is seeking to expand cooperation in transportation bydrawing on the expertise of Armenian companies in road construction, logistics,and railway projects.
He added that his recent visit to Iraq's southern Basraprovince reinforced his view of the strategic importance of the Grand Faw Portand the Development Road project, two key infrastructure initiatives aimed atenhancing Iraq's regional trade connectivity.
Al-Hassani welcomed efforts to deepen bilateral cooperation,saying the ministry remains open to expanding partnerships with friendlycountries and encouraging leading international companies to contribute to thedevelopment of Iraq's transport sector.
“A bilateral transport agreement between Iraq and Armenia isready in draft form,” he added, describing it as a strategic agreement thatIraq hopes to implement in the near future.
