commission on trade, economic, scientific, and technological cooperation will convene in December, a spokesman for the Industry and Energy Ministry said Thursday.
The decision was taken following a meeting between acting Industry and Energy Minister Viktor Khristenko and Iraqi Foreign Minister Hoshyar Mahmud Zebari who are co-chairmen of the commission.
"We regard the work of the Russian-Iraqi intergovernmental commission as a tool that is capable of restoring mutually beneficial relations in all areas of economic cooperation and return to the 'achievements' that we had, " the spokesman quoted Khristenko as saying.
The parties also agreed to hold a bilateral meeting at the expert level in October prior to the meeting in December.
Khristenko said cooperation between the countries involved oil and gas production, construction, electric power industry, machinery and military technical sector.
The Russian minister added that positive economic relations could be an impetus to the settlement of Iraqi debts to Russia estimated at some $10 billion.