Sanction-stricken Iraq has signed two deals with Egypt for the supply ofmuch-needed medicines in accord with the United Nations oil-for-food plan, reports the Egyptian MENA news agency. The agreements, between Iraq's Ministry of Health and the Egyptian International Company for Pharmaceutical Industries, came just a week after Egypt held its Medicine Week in Iraq's capital, Baghdad.
Under a deal signed in late January, Egypt was to export $3 million worth of medicines to Iraq, the first batch of which has already reached its destination. Egypt expects the volume of exports to Iraq to reach $100 million in the first six months of implementation of the new agreement.
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