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Egypt and Iraq recently signed an agreement for bilateral cooperation in industry, trade and technical issues, reinforcing a recently sighed free trade agreement. The two countries also signed agreements to modernize Iraq's electricity industry and to set up jointly-owned sea and land transport companies, reported AFP.
The free trade agreement between Iraq and Egypt, which calls for the end to all customs barriers between the two countries, went into force in mid-August. "A clause in the free trade agreement permits other countries to join it and ...