Foreign Minister Bilawal Bhutto Zardari has said that there is immense potential to increase trade and economic cooperation between Pakistan and Iraq.

Addressing Pak Iraq Business Forum in Baghdad, the Foreign Minister said both the countries need to transform the fraternal relationship into a partnership.

He assured that Pakistan will cooperate with Iraq in all fields especially with business communities to benefit from opportunities of trade and investment.

A memorandum of understanding was also signed between Federation of Chambers of Commerce and Industry of Pakistan and Iraq on this occasion.

The MoU will facilitate linkages between business community of both countries