Iran16 August, 20262 min read
Iran’s Central Bank Governor Abdolnasser Hemmati Meets Iraq’s Trade Minister Mustafa Nizar Al-Ani
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Hemmati met Iraq’s Trade Minister Al-Ani in Baghdad to boost bilateral economic and banking ties. They discussed removing obstacles to bilateral trade and implementing existing agreements.
5 outlets told this the same way.
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Hemmati in Iraq
Iran’s Central Bank governor Abdolnasser Hemmati met Iraq’s Minister of Trade during a visit to Iraq to discuss ways to facilitate economic ties and remove existing obstacles to bilateral trade. The talks focused on strengthening cooperation in trade, investment and monetary affairs, with both sides emphasizing the potential for expanding economic relations and implementing previous agreements.
Hemmati stressed the active role of private-sector players in facilitating the export and import of goods and called for new mechanisms to accelerate trade transactions, particularly at border entry points. Iraq’s Minister of Trade, Mustafa Nizar al-Ani, welcomed the expansion of cooperation and emphasized the Iraqi government’s determination to address challenges facing businesses and strengthen trade ties with the Islamic Republic of Iran.
Banking and obstacles
Shafaq News said Iraqi Trade Minister Mustafa Nizar Al-Ani discussed with an Iranian delegation ways to strengthen economic and commercial relations and to open new horizons for joint cooperation. The Shafaq News account described the meeting as addressing developing the volume of trade exchange and facilitating the movement of goods and commerce between the two countries, alongside enhancing cooperation in economic and investment fields.
It also said Hemmati referred to the private sector’s role in facilitating export and import operations and stressed the need to adopt new mechanisms to accelerate the pace of trade exchanges, especially at border crossings. In the same framing, Shafaq News reported that both sides discussed activating previous agreements and elevating the level of banking interactions between the two neighboring countries.
Baghdad talks and next steps
Mehr News Agency said Hemmati traveled to Baghdad to hold talks with Iraqi banking and economic officials aimed at advancing trade and economic cooperation. Mehr News Agency reported that Hemmati led a delegation to Iraq within the framework of an agreement between the central bank governors of the two countries, seeking to facilitate bilateral commercial and financial transactions and address obstacles hindering economic ties.
The Mehr News Agency account added that the visit was also aimed at developing new mechanisms for trade exchanges and that it followed Hemmati’s participation in the BRICS meeting in India. It further stated that during an address to the first meeting of the BRICS Finance Ministers and Central Bank Governors, Hemmati called for the establishment of a dedicated BRICS financial corridor and the integration of national payment networks among member countries.