Iran holds 25% of Iraqi market
Financial Tribune – Chairman of the Trade Promotion Organization of Iran Hamid Zadboum said the value of Iranian exports to neighboring Iraq…
Tag Archives: Iran-Iraq trade
Iraq imports 7 gigawatts of electricity from Iran, says official
Reuters – Iraq imports 7 gigawatts (GW) of electricity from Iran to make up the shortfall between domestic power production and the…
Unrest in Iraq not to affect trade ties with Iran: Official
Tasnim – The secretary-general of the Iran-Iraq Joint Chamber of Commerce expressed confidence that recent unrest in the Arab country would not…
Minister says Iran-Iraq trade volume to rise to $ 20 billion
IRNA – Minister of Industry, Mining and Trade Reza Rahmani noted that there is a capacity needed to increase the volume of…
Iraqi economic delegation visits Iran’s Kordestan industrial units
IRNA – An economic delegation form Kurdistan Regional Government (KRG) toured six production and industrial units in Dehgolan Industrial Township in Sanandaj…
Iraq sets up ‘loophole’ in US sanctions to buy Iranian power
AFP – Iraq is establishing a financial “loophole” to continue buying vital gas and electricity from Iran despite US sanctions, AFP has…
Iran’s trade surplus with Iraq surpasses $380m in 1 month
Financial Tribune – Iran traded 944,845 tons of non-oil commodities worth $394.23 million with Iraq during the first Iranian month (March 21-April…
Despite US sanctions, Iran goods pervade Iraq market
Middle East Monitor – Despite US sanctions imposed on Iran, and Iraq declaring its commitment to these sanctions, Iranian goods are still…
EGFI fosters trade with Iraq
Financial Tribune – The Export Guarantee Fund of Iran is stepping up efforts to promote non-oil exports to Iraq by offering lower…
No alternative to Iran electricity, says Iraqi minister
MNA – Iraq’s new electricity minister says there is no alternative that competes on volume or price or speed of delivery of…
Iran’s NIOC to open office in Iraq
IRNA – National Iranian Oil Company (NIOC) will open an office in Iraq with the purpose of easing Iranian manufacturers activities in…
Iran, Iraq discuss $20b trade
IRNA – Iran’s commercial attaché in Baghdad Naser Behzad and Iraq’s Director General of Foreign Economic Relations at the Ministry of Commerce…
Official: Iraq need not to pay heed to US sanctions
IRNA – Former Iraqi minister Baqir Jabr al-Zubeidi in a statement urged Iraqi government not to pay attention to US sanctions against…
Envoy: Iran, Iraq eying $20bln trade despite US sanctions
FNA – Iranian Ambassador to Iraq Iraj Masjedi stressed Tehran and Baghdad’s determination to boost the volume of their trade transactions to…
Economic problems hinder expansion of Iran-Iraq trade exchange
IRNA – Head of Iran chamber of commerce, Mine and Industry said on Sunday that the current level of trade exchange between…
€8bn Iran-Iraq trade transactions to double: fin. min.
MNA – In his meeting with Iraqi Finance Minister Fuad Mohammed Hussein in Tehran, Iran’s Minister of Economic Affairs and Finance Farhad…
Iran eyes $20bn trade with Iraq in next 2 years
IRNA – Iran says it plans to reach 20 billion dollars in volume of annual trade with Iraq in the next two…
Iran, Iraq plan $-20b trade exchange for next two years: Minister
IRNA – Iranian minister of industry, mine and trade said here on Thursday that Tehran and Baghdad have targeted 20 billion dollars…
Trade official underlines good achievements of Iranian president’s visit to Iraq
FNA – Head of the Iran-Iraq Joint Chamber of Commerce Yahya Al-e Eshaq praised the achievements made during Iranian President Hassan Rouhani’s…
Iran ready to supply gas to Iraq: Rouhani
SHANA — Iranian President Hassan Rouhani voiced Iran’s readiness to export natural gas to neighboring Iraq. Addressing a joint trade conference by…
Iran, Iraq sign 22 industrial, trade deals
IRNA – Following talks between Iran’s minister of industry, mines and trade and his Iraqi counterparts simultaneously with President Rouhani’s visit to…
Iran resolved to boost trade with Iraq up to $20bn: Rouhani
MNA – Speaking at the Economic-Trade Forum of Iran and Iraq late on Monday, President Rouhani voiced Iran’s determination to increase trade…
Iran, Iraq poise for increasing bilateral trade at $20bn
MNA – The two countries of Iran and Iraq are ready for boosting bilateral trade at the range of $20 billion. Export…
Iraq, Iran to ink various MoUs in Rouhani visit
IRNA – Iraq and Iran will sign several Memoranda of Understanding (MoU) on oil, gas, electrical and transport cooperation among other sectors,…
Iran sets up marketing, exports center in Baghdad
Tehran Times – Iran has established a center in Baghdad for marketing its products in the Iraqi market and also expand the…
Planning underway to increase trade volume with Iraq at $20bn
MNA – Minister of Industry, Mine and Trade Reza Rahmani said on Thu. that it is scheduled that Iran’s trade and business…
Iraq demand for Iranian carpet to grow to $600m in 2 years
IRNA – Iran Commercial Attaché in Iraq Naser Behzad ancipates the demand of the Iraqi market for Iranian carpets to reach an…
Iran ready to export natural gas to Iraqi Kurdistan
Financial Tribune – Most of the infrastructure is in place to export natural gas from western Kurdestan Province to Iraq’s semi-autonomous Kurdistan…
Iraq invites Iranian firms to invest in Samarra
IRNA – Salaheddin Province officials invited Iranian companies to invest in Iraq and especially in Samarra. Addressing a meeting which was held…
Iraq says it will continue sanctions-busting imports from Iran
Stars and Stripes – Iraq is close to finalizing a deal that will allow it to import Iranian energy despite American sanctions…
Iran overtakes Turkey in goods export to Iraq
MNA – Islamic Republic of Iran overtook neighboring Turkey in export of products to Iraq in 2018, according to secretary general of…
MAPNA to export machinery, equipment
IRNA – Managing Director of Iran’s MAPNA Industrial Group Abbas Aliabadi says the Group’s machinery and equipment will be exported. Aliabadi made…
UK says no Iran role in Iraq ‘fanciful’ but chides reliance
Press TV – The UK has acknowledged that it is unreasonable to expect Iraq to sever relations with neighboring Iran but called…
Iran’s fruits, vegetables exports grow by 54%
ISNA – Iran’s fruits and vegetables export has increased 54% during first nine months of the current Iranian fiscal year (started March…
Iran works to keep Iraq open for business
The Wall Street Journal | Ghassan Adnan and Isabel Coles: Iranian officials traveled to Baghdad this week to push for expanded trade and…
Zangeneh urges export of western provinces’ petchem products to Iraq
IRNA – Petroleum Minister Bijan Namdar Zangeneh on Monday called for export of products of some 10 petrochemical facilities operating in Kermanshah,…
Iraq remains Iran’s top non-oil export destination
MNA – Iran exported 15.485 million tons of non-oil commodities worth $6.929 billion to Iraq during the past nine months (March 21-…
Iraq says ‘not obliged’ to abide by US anti-Iran sanctions
MNA – The Iraqi foreign minister says his country is “not obliged” to abide by unilateral US sanctions against Iran, adding that…
Iran’s exports to Iraq ups 55%
IRNA – An Iranian trade official says that Iran exported 6.4 billion dollars of commodities to Iraq during the first eight months…
Iraq gets 90-day Iran sanctions waiver from Washington
S&P Global Platts – Iraq can continue electricity and gas imports from Iran without violating US sanctions under an extension granted Wednesday,…