PUKmedia 05-11-2009 18:16:28
Iraq is ready to sign a Memorandum of Understanding (MoU) with Turkey to support banks and strengthen economic ties with Turkey, the Iraqi Finance Minister Baqr al-Zubaidi said on Thursday.
He said that the absence of banking cooperation between Baghdad and Ankara will weaken mutual economic coordination.
This came in a meeting between Minister al-Zubaidi and a Turkish delegation of bankers, according to a release issued by the Iraqi Finance Ministry and received by Aswat al-Iraq news agency.
“The Finance Ministry is determined to activate the Iraqi-Turkish mutual cooperation,” the release quoted al-Zubaidi.
The minister stressed that his Ministry will provide full support to activate the agreements between Iraq and Turkey.