Iran President Rouhani says Iran-Iraq trade could touch $20 bn/yr

Iranian President Hassan Rouhani said on Saturday Iran and Iraq could raise annual bilateral trade to $20 billion from the current level of $12 billion, in remarks carried live by state television.

"Today, the economic relations between the two countries reach about $12 billion (per year) and, through bilateral efforts, we can raise this figure to $20 billion," Rouhani told visiting Iraqi President Barham Salih.