IME sets up taskforce to boost exports to Iraq

TEHRAN, Feb. 06 (MNA) – In line with plans to strengthen business ties with Iraq and to facilitate Iran's exports to this country via the platform of IME, a taskforce was established.

According to a report by IME international affairs and PR expansion of trades with international markets is amongst 8 main strategies IME has high on agenda. The above-mentioned taskforce was established accordingly.

The taskforce is seeking to strengthen and deepen relationship with the Iraqi side, extend cooperation with free economic zones of both Iran and Iraq, resolve customs intricacies, make use of modern financial instruments like Certificate of Depositary Receipt based on warehousing systems to be launched in free trade zones, which altogether are considered to facilitate trades with Iraq and boost exports volumes.

In view of that, there have been negotiations in order to prepare the groundwork for a branch of IME in Iraq with the aim to export various types of industrial and mineral commodities, oil and petrochemical products and agricultural products.

IME's high-ranking officials will be members of the taskforce with Mr. Hasani Sa'di running the meeting sessions as the secretariat.

HA/PR

News Code 123307

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