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Deputy Prime Minister of the Russian Federation Yuri Borisov discussed cooperation in the field of energy, industry, transport and agriculture with the co-chairman of the Russian-Iraqi Commission – Deputy Prime Minister for International Affairs, Minister of Foreign Affairs of the Republic of Iraq Fuad Hussein.

The talks were held both in a narrow format and with the participation of the business circles of both countries. “Our countries are linked by bonds of strong friendship and mutually beneficial cooperation,” said Yuri Borisov. – Bilateral dialogue remains traditionally intense. On April 22 of this year, our talks were held in Baghdad as co-chairs of the commission. They made it possible to outline the top-priority goals and objectives for the further strengthening of our business cooperation. “

“During the negotiations in a narrow format, where the previously reached agreements on a number of key projects were discussed, we managed to find mutual understanding with Mr. Hussein on almost all issues,” Yuri Borisov emphasized. In the pandemic 2020, Russian-Iraqi trade fell by 52% by 2019. For 6 months of 2021, trade turnover increased 2.5 times compared to the same period in 2019 – up to 113 million dollars.

“The most successful area of ​​cooperation is undoubtedly energy,” stressed Yuri Borisov. – The key factor for successful interaction is the effective implementation of flagship joint projects, such as West Qurna-2, development of the Eridu field in Block 10, the Badra project and a number of others. The potential in this area is far from being exhausted. “

The participants of the intergovernmental commission saw good prospects in expanding cooperation in transport, energy and agricultural engineering, glass and ceramic production, pharmaceuticals and agriculture.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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