Joint Committee of Iran, Iraq Central Banks

Iran and Iraq agreed to establish a joint committee between their central banks as soon as possible, during a meeting between Iranian Minister of Industries, Mining and Trade Mohammad Shariatmadari and Chairman of the Central Bank of Iraq Ali Mohsen Al-Allaq. The Iranian minister has deemed the negotiations positive, as both countries agreed to first implement the previous financial agreements, IRNA reported.  During the meeting, the Iraqi official emphasized on the high volume of economic relations between Iran and Iraq, which makes it necessary to reach bilateral agreements to facilitate these relations through consecutive meetings and discussions. Allaq added that they have planned several meetings with CBI to pursue their previous agreements.