Iranian firms active in Iraq fully supported: envoy

<p style="text-align: left;">Iranian Ambassador to Baghdad Iraj Masjedi said on Thursday that Iran's diplomatic mission and other organs fully support Iranian firms active in Iraq.

Speaking at a meeting to review grounds for investment in Iraq at the Iranian embassy attended by Iranian economic activists and managers of companies active in Iraq, Masjedi underlined the importance of being realistic for starting economic activities in Iraqi markets.

Addressing Iranian economic activists and managers of companies present in the meeting, Masjedi called on them not to go to extremes in assessing conditions for their economic activities in that country, IRNA reported.

He said Iranian economic activities in Iraq were on the rise, calling on Iranian companies to carefully study the numerous opportunities available in the country in order to be able to start their economic cooperation and investment projects powerfully.

A number of economic activists in short speeches enumerated certain problems and obstacles on the way of their economic activities and investment in Iraq.

On Thursday, Iran participated in a one-day international conference on investment opportunities and reconstruction of Iraq held in Baghdad.

Managers and representatives of 30 Iranian holdings and big firms also attended the Baghdad conference.

Given the new conditions prevailing in Iraq and relative political and security stability of the country, the conference was held as a follow up to a previous gathering on reconstruction of the country held in Kuwait in February.

At present, Iraq is one of the most important economic and trade partners of the Islamic Republic of Iran in the region and world. The value of Iran's non-oil exports to Iraq now stands at 6.5 billion dollars, showing a 6-percent increase compared to the figure in the previous year..

Reporter&rsquo;s code: 50101

News Code 4423

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