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EU launches trade negotiations with Iraq
20.11.2006
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Brussels,
November 20,-- The European Commission - the
European Union executive - and the Iraqi government
will on Monday open talks it is hoped will lead to a
trade and cooperation agreement (TCA) between the
25- member bloc and war-torn Iraq.
The negotiations will be launched by EU external
relations and trade commissioners Benita
Ferrero-Waldner and Peter Mandelson, and Iraq's
deputy prime minister for economic affairs,
Dr.Barham Salih.
"The TCA will help to progressively strengthen the
EU's relations with Iraq and integrate the country
in the world economy," the European Commission said
in a statement.
The TCA will also aim to facilitate Iraq's
engagement with the international community,
stimulate and anchor ongoing institutional and
social-economic reforms, contribute to Iraq's
socio-economic development and promote trade between
Iraq and the EU - the world's most powerful trade
bloc.
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