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Iraq, Lebanon Sign Agreement and MoUs for Economic Cooperation
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Iraq Business News
By John Lee.
The second session of the Iraq-Lebanon Joint Committee was held on Thursday in Baghdad, chaired by Iraqi Minister of Trade Dr Atheer Daoud al-Ghurairi and Lebanese Minister of Economy and Trade Dr Amer al-Bassat, with participation from representatives of both countries' private sectors.
The meeting resulted in the signing of an agreement and seven memoranda of understanding covering:Development of trade exchanges and export growthCooperation in organising international and specialised exhibitionsLand transport of passengers and goodsInvestment cooperationMutual recognition of maritime competency certificates for seafarersExchange of technical and scientific expertiseAl-Ghurairi stressed Iraq's commitment to deepening cooperation with Lebanon and expanding partnerships across economic, trade, and investment sectors.
He described the session as a significant step in strengthening bilateral relations, noting that the signing of the minutes and MoUs reflects the determination of both sides to move quickly to implementation.
(Source: Ministry of Trade)
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