Official: Conditions set for Iran to resume trade with Iraq’s Kurdistan

FNA- A senior Iranian trade official declared that the situation in the Iraqi Kurdistan Region has been improved, and Tehran and Erbil can resume their trade relations shortly.

“Our borders with Iraqi Kurdistan are re-opening one by one, and the situation is being returned to normal,” Chairman of Iran-Iraq Chamber of Commerce Yahya Al-Eshaq told reporters on Monday.

He reiterated that the necessary security has been provided in Iraqi Kurdistan Region after the September’s futile referendum there, so the Iranian business persons can be present in the Iraqi Northern region again.

Talking of Iran-Iraq economic cooperation, Al-Eshaq said Iran’s exports to the neighboring country registered six percent growth in the first half of the current Iranian calendar year (March 21-September 21).

During the period, the value of Iran’s exports to the Iraqi markets has been over 3.2 billion dollars, which shows that the country could keep the record of exporting the monthly 600-million-dollars worth of goods to its southwestern neighbor, the official added.

He also said that Iraq is the second destination for the Iranian products after China.

Responding a question on reports that Turkey in Northern Iraq has taken opportunity of the Kurdistan Region’s conflict for developing trade exchange with the Kurds, the official said it is “just a rumor”.

An independence referendum was approved by Iraq’s local Kurdistan parliament despite harsh oppositions from the federal government in Baghdad, and warnings from neighboring countries on the repercussions. Less than a month later, Iraqi Prime Minister Haider al-Abadi declared that the region’s September 25 referendum was “history”.

Leave a Reply

Your email address will not be published. Required fields are marked *