Rabu, Februari 08, 2006

Iraq and Iran sign industry cooperation deal

He said the agreements cover “industrial fields of ceramics, detergents, cooking oil, dairy products and vehicles.”

He said under a deal with Iran Khodro, Iraq’s biggest automobile manufacturing company, the Iranians have agreed to start a truck division in the country.

Iraq will import more vehicles from Iran Khodro, including ambulances, he said.

Iran Khodro is reputed for its Samand brand of which $200 million are exported every year.

Aziz said the ministry and Iran’s enterprises, whether private or state- owned, will each have 50% ownership of the divisions to be constructed in the country.

Iran is the only country which has agreed to start cooperating with Iraq despite mounting insecurity and violence.

Aziz said his ministry presented similar joint projects to countries like Jordan, Malaysia, the U.S. and the United Arab Emirates but these countries said they would start cooperating in earnest when security improves.

(Source)Azzaman

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