Iran demands rise in trade with Iraq
Hailing the amicable political and economic relations between Tehran and Baghdad, Iranian President Ebrahim Raisi called for plans to raise the value…
Tag Archives: Iran-Iraq trade
Iran-Iraq trade grows by 20% to $9 billion in one year
The volume of trade between Iran and Iraq hit $9 billion in the past Iranian calendar year (ending on March 21) showing…
Iraq opens several border crossings for Iranian transit
Following the Iranian Judiciary chief’s recent visit to Iraq, the Arab country has reopened several border crossings for the shipment of Iranian…
Iran exports over 93k tons of agricultural products to Iraq
Iran exported more than 93,000 tons of various types of agricultural products (summer crops), valued at $43,138,000, to neighboring Iraq via Mehran…
Iran, Iraq targeting annual trade vol. $20b
Consul General of the Islamic Republic of Iran in Iraq’s Sulaymaniyah said that Iran and Iraq are planning to reach bilateral trade…
Envoy: Iran has developed economic ties with Iraq
IRNA – Iranian Ambassador to Baghdad Iraj Masjedi said on Wednesday that despite regional problems and conditions caused by COVID19 outbreak, Iran’s…
Iran, Iraq vow to boost trade exchanges to $20b level
IRNA – Senior Iranian and Iraqi officials held a meeting in the Iraqi capital and stressed the need to reach the level…
Dysfunction at the border jeopardizes growth of Iran-Iraq trade
Bourse & Bazaar – When the United States re-imposed secondary sanctions on Iran in November 2018, the Rouhani administration belatedly decided that…
Iran to pay for basic commodities through Iraqi banks, official says
IRNA – Head of Iran-Iraq Joint Chamber of Commerce, Yahya al-Eshaq, said on Wednesday that Iran will pay for basic commodities being…
Iran, Iraq resume trade activity in Mandali Border Crossing
MNA – Islamic Republic of Iran and Iraq resumed their trade activities in Mandali (Soomar) Border Crossing which had been halted for…
Iran, Iraq seeking to achieve $20bn in trade exchange
MNA – Chairman of Iran-Iraq Joint Chamber of Commerce said that the two countries of Iran and Iraq are seeking to attain…
Iran, Iraq aim to bolster trade level to $20 billion, Rouhani says
IRNA – President Hassan Rouhani on Tuesday said that Iran and Iraq are determined to carry out the provisions of both sides’…
Official: Iran first trading partner of Iraq
IRNA – Head of the Iraqi Economic Activists Union Sabih al-Hashemi stressed Iran has been able to become the first trading partner…
Iraq to clear debt arrears to Iran through payments for goods: Businessman
Press TV – Iran and Iraq have set up a new mechanism to settle debts owed by the Arab country over imports…
Iran to use joint mechanism with Iraq for foreign purchases: CBI Chief
Tasnim – Governor of the Central Bank of Iran (CBI) unveiled plans for using a joint mechanism with Iraq to purchase basic…
Iran, Iraq discuss boosting oil cooperation
Tasnim – Iranian Oil Minister Bijan Namdar Zangeneh and his Iraqi counterpart Ihsan Abdul Jabbar discussed ways to promote cooperation between the…
Iraq reopens 2 border crossings to help boost battered Iranian economy
Al-Monitor | Adnan Abu Zeed: Two of five Iranian-Iraqi border crossings reopen for both goods and individuals, to the benefit of Iran’s…
Kurdistan Region: Iran’s main export gateway to Iraq
Financial Tribune – After the coronavirus outbreak, trade between Iran and Iraq was restricted to border crossings with the Kurdish region, but…
Iran to keep up energy export to Iraq despite banking issues: Businessman
Press TV – A major Iranian businessman says energy exports to Iraq will continue despite problems for Iran to receive its money…
Exports to Iraq resume via Parviz Khan border post
IRNA – Exports to Iraq via Parviz Khan border post on northwestern Iran resumed after one day industrial action by the Iraqi…
Iraq to suspend border trade with Iran, Kuwait from March 8-15
Bloomberg – Iraq will halt border trade with Iran and Kuwait between March 8 and 15 to curb the spread of the…
Iraq to halt trade with Iran, Kuwait for a week over coronavirus concerns
Reuters – Iraq’s border port commission said on Wednesday it would halt trade between Iraq and both Iran and Kuwait for a…
Iran cannot access $5 billion of its energy money in Iraq: Official
Press TV – Iran’s money from exports of gas and electricity has piled up to $5 billion in a bank account in…
Iran to hold food expo in Iraq’s Sulaymaniyah on April 11-21
MNA – The director general of Agriculture Ministry for Intl. Affairs said that Iran will hold Food Expo in Sulaymaniyah of Iraq…
Exports to Iraq through Sumar border terminal resume
Financial Tribune – Exports of commodities to Iraq through the Sumar Border Terminal in Qasr-e Shirin County of Kermanshah Province restarted from…
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…
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…