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  • 29-12-18

    Iraq, Iran inks cooperation agreement on energy

    (MENAFN) Iraq was unveiled to have inked a memorandum of understanding with Iran on strengthening cooperation in the field of energy.

    Iraqi Energy Minister Luay Al Khateeb penned the MoU with Iranian Energy Minister Reza Ardekanian.

    The two ministers reached an agreement to bolster their relations in the energy sector following talks between the two sides.

    The Iranian minister confirmed that "the memorandum of understanding is the result of intense negotiations between Iran and Iraq energy ministries."

    Ardekanian added: "Iranian companies would use their experience and knowledge in order to develop and reconstruct power industry in Iraq, while the MoU would prepare the grounds for infrastructure by the Iranian side."

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