Iran Ready To Help Iraq With Urban Management

Heres a piece of good news that may not immediately raise Iraqi dinar exchange rates

but may foster even better relations between Iraq and Iran that would be beneficial to the economy of both countries. Recently, Mayor Mohammad Baqer Qalibaf of the Iraqi capital Tehran announced that his city is prepared to assist Iraq in urban management.

The mayor visited Tehran recently and met with Amal al-Din al-Har, the governor of the Iraqi Karbala Province. During the meeting, Qalibaf praised the Iran-Iraq deep relations, saying that the long-standing ties between the two neighboring Muslim countries cover all aspects. Iran is ready to share with Iraq all its know-how and technical expertise with the citizens of the two Iraqi holy cities of Najaf and Karbala so that all-out progress could be achieved in these cities, Qalibaf said.

Such a statement comes at a time when fewer Iranians are able to afford visits or pilgrimages to Iraqi holy sites. This is because each U.S. dollar or Iraqi dinar now costs approximately three times more than what these currencies did as recently as last year. With conditions improving in both Iraq and Iran, the pilgrims difficulties regarding affordability of Iraqi dinar exchange rates may be alleviated.

Qalibaf emphasized that the Islamic Republic of Irans experience can be useful to Iraq. Al-Har, on the other hand, expressed gratitude to Iran for its support and assistance to the Iraqi nation. He further called on Tehran to share its experience so that the two Iraqi holy cities can be reconstructed. The two countries relations have grown and became stronger since the former Iraqi dictator, Saddam Hussein, was overthrown in 2003. Both countries are jointly moving forward on a series of plans to further expand their ties which can eventually spark appreciation in value of the dinar as well as that of the Iranian rial.

Iraq, indeed, has much to benefit from its closer ties with Iran. For instance, the capital Tehran is regarded as one of the largest and among the most important population centers in the Middle East. The city has a daytime population of around 11 million, a possible market for Iraqi exports or potential tourist visitors whose potential spending can have positive effects on the Iraqi dinar exchange rate. Tehran is currently undergoing an urban renewal from which Iraq can draw much experience. The urban planners in the city, for example, are implementing massive programs on urban environmental conservation and safe communities, among other post-war reconstruction activities.

by: MooreM

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