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Publish Date : 09-Jul-2013

Mutual trade between Iran and Iraqi Kurdistan Region is inked between Iran and Iraq's Kurdistan region for the issues pertaining to joint investment, construction projects, transferring gas and electricity to Iraq and tourism were mentioned in the accord.

$4 billion will be exceeded by the trade ties between Iran and Iraqi Kurdistan region this year thanks to the two sides' growing cooperation.

"This year, the maximum value of our trade activities will exceed $4bln and such a boost is certainly the result of further cooperation," Representative of the Iraqi Patriotic Union of Kurdistan (PUK) Nazzem Dabbaq told FNA at the time, adding that the value of bilateral trade ties with Iran was $100mln in 2000.

He voiced Kurdistan's willingness to boost trade ties with Iran, and noted, "The present and the future of Iran and Kurdistan are tied to each other. They should always have continued contacts with each other."

During the five-day trip, Salih discussed consolidation of PUK relations with Iran as well as the role, importance and expansion of Iraq's ties with the Islamic Republic.

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