Iran-Iraq economic ties won’t be affected by US tensions

Financial Tribune – Iran’s exports to Iraq stood at $6.3 billion in the nine months to Dec. 21, Hamid Hosseini, the secretary-general of Iran-Iraq Chamber of Commerce, said.

“In the two months ending Nov. 21, Iran’s exports to Iraq declined by $1 billion whereas in the last fiscal month (Nov. 22-Dec. 21), exports to Iraq increased by $600 million,” he added.

Noting that tensions with the US won’t have a negative impact on Iran-Iraq economic ties, Hosseini said Iranians and the Iraqis possess many commonalities and their economic exchanges would increase even more than the current volume, if the US or its allies try to disrupt the situation.