Iranian and Iraqi businessmen must set up joint companies to boost bilateral trade, deputy director of Iran Chamber of Commerce, Industries and Mines, Ali Mirmohammad-Sadeqi, said on Wednesday. “Economic officials from both countries are eager to expand economic ties and businessmen and entrepreneurs have to make use of possible opportunities,” he was quoted by IRNA as saying. Iran and Iraq aim to increase their annual trade exchanges to $30 billion, vice-president for executive affairs, Mohammad Shariatmadari, said on Tuesday.
