Just Foreign Policy Iraqi Death Estimator    

Monday, March 12, 2007

Iraq, Iran to build joint pipeline in south

By Khayoun Saleh

Azzaman, March 10, 2007

Iraq and Iran have agreed to build a pipeline to carry Basra crude to the refineries in Abadan.

The deal is part of a memorandum of understanding the countries have signed to further expand economic ties.

Iran has emerged as the country’s number one trade partner in the years since the U.S. invasion. Iranian companies are active in southern and northern parts of Iraq.

In return for the Iraqi crude exports, Iran has pledged to increase the quantities of liquefied gas it ships to Iraq.

The new memorandum of understanding was signed during a visit by Trade Minister Abdulfalah al-Sudani to Iran.

Sudani held talks with his Iranian counterpart Saeed al-Kadhami in which four separate committees took part.

The countries have agreed to expand cooperation in the areas of trade, water, electricity, transport, agriculture, oil and health.

LinkHere

0 Comments:

Post a Comment

<< Home

free hit counter