Industries Development and Renovation Organization of Iran (IDRO) is ready to cooperate and collaborate with the neighboring Iraq in the field of energy, renovation of industries and training managers.

Chief Executive of Industries Development and Renovation Organization of Iran (IDRO) Mansour Mo’azami announced the above statement in his meeting with the visiting Iraqi Minister of Industries Mohammed Shia Al Sudani.

The two sides exchanged views in the field of enhancing and strengthening bilateral ties, the Public Relations Dept. of IDRO reported.

While congratulating the liberation of Iraqi Mosul city, CEO of IDRO said: “Iraq is a strategic friend to us and for this purpose, we have voiced our readiness to enhance cooperation with this country in various fields especially industrial and investment sectors.”

He pointed to the Industrial Management Institute (IMI) and said: “With more than 60 years of fruitful experience, IMI is equipped with training and educating relevant managers in the best form possible.”

Given the above issue, IDRO enjoys high capability in training Iraqi managers and industrialists, he opined.

In addition, IDRO is ready to invest in oil, gas, petrochemical, downstream, upstream, shipbuilding, auto manufacturing and car parts production sectors in neighboring Iraq, he emphasized.

In the end, IDRO senior official urged to set up a joint Working Group by the two sides in the field of strengthening bilateral ties.

For his part, Iraqi Minister of Industries pointed to the high interest of Iraqi side to follow up matters of mutual concerns and said: “We will study these proposals in an expert-level session meticulously in line with solving pertinent problems facing the two countries.”

It should be noted that the visiting Iraqi delegation, comprised of Iraqi minister of industries, his deputies, managers of public and private companies, met with the Iranian Minister of Industry, Mine and Trade Eng. Ne’matzadeh and also visited Shamsabad Industrial Park.

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