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Tuesday, 9 July 2013

India and Iraq signed a Pact to enhance Co-Operation In Energy Sector

India and Iraq on 8 July 2013 signed a pact to enhance co-operation in energy security, bilateral trade & commerce, infrastructure and others. The agreement was signed between the Union Petroleum Minister Veerappa Moily and his counterpart from Iraq, Abdul Karim Luaibi at the end of the India-Iraq Joint Commission on technical co-operation in Baghdad.

As per the agreement, in energy sector, Iraq will supply more crude oil to India to meet the growing needs of energy in the country.

Petroleum Minister M Veerappa Moily is leading a 28-member delegation to Iraq to participate in the 17th India-Iraq Joint Commission meeting in Baghdad. The delegation reached Baghdad on 6 July 2013.

Earlier, Salman Khurshid, the Union External Affairs Minister was on a two-day visit to Iraq from 19 to 20 June 2013, which was the first visit of an Indian Minister to Iraq after 1990 visit of Inder Kumar Gujral, during his tenure as Union External Affairs Minister.

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