Turkish, Iraqi finance ministers cross paths in Davos

Iraqi Finance Minister Fuad Hussein met with Turkish counterpart Berat Albayrak on Wednesday on the sidelines of the World Economic Forum (WEF) now underway in Switzerland's Davos.

During the brief encounter, the two men reportedly discussed means of enhancing bilateral trade and economic relations.

"We also agreed on the need to resolve our outstanding differences via cooperation and dialogue," Hussein tweeted.

In 2018, the total trade volume between Turkey and Iraq reached some $16 billion -- a figure both countries hope to raise to $19 billion in 2019.

Currently underway in Davos, the WEF's 49th annual meeting is being attended by representatives of over 100 governments, 1,000 companies and numerous international organizations.