Riyadh - INA
Baghdad Chamber of Commerce signed Saturday a memorandum of understanding with its Saudi counterpart to support traders and promote trade between the two countries.
"The memorandum of understanding represents a strategic framework that outlines the relationship between the Baghdad Chamber of Commerce and the Riyadh Chamber of Commerce, which will expand the horizons of cooperation and promote bilateral trade between the two countries," Baghdad Chamber of Commerce said in a statement.
The economic sectors between the two countries and the prior coordination on the consolidation of visions and positions in forums and conferences, as well as conducting studies and economic research to fill the gaps in the laws of trade and economic and international standards.
Saleh Abdullah, Minister of Industry and Minerals, opened a factory of asphalt coatings in Anbar province, which is considred the first industrial project there after liberating the province, INA's correspondent said.