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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Researcher: Iraq trading partner is difficult to do without it

    Rocky
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    • Post n°1

    Researcher: Iraq trading partner is difficult to do without it Empty Researcher: Iraq trading partner is difficult to do without it

    Post by Rocky Sat 05 Jul 2014, 6:07 am

    Researcher: Iraq trading partner is difficult to do without it 



    7/5/2014 0:00 


    BAGHDAD - Mustafa al-Hashemi, 
    Iraq is an important trade partner for many countries, especially the neighboring Regional being did not achieve its goals after the diversification of exports of non-oil that can be described Palmtoadah where it does not constitute 1 percent of GDP as well as he is still a country a consumer due to the shortfall in electricity, which represents the basis for the production of various industries. 
    In this context, the researcher said economic Suhad virgins that Iraq is a business partner and economically vital to the neighboring countries and difficult to do without it at the current stage. She Athari told (morning) that it is excessive in doing business with Iraq is losing a lot because the country where a lot of opportunities for the establishment of productive projects that fuel the economy of the two parties. 
    , and indicated that the flexibility enjoyed by the geographical location of Iraq through multiple outlets border with its neighbors Regional makes him the toast of sights to make a trade partner active especially in the field of non-oil, as well as owning transmission lines internal business Chalskk and external such as ports. and media quoted the head of the Union of Turkish Exporters Mohammed Buyuceksha remarks reported, that his country's exports to Iraq fell 21 percent last month, a partner commercial head for Turkey.
    confirmed virgins that doing business with Iraq begins partnership and then agreements to eventually reaching economic integration, calling for the development and establishment of economic relations with the countries of the new fact the country is still yet a consumer and issue a single commodity is oil. meanwhile announced the Federation of Chambers Iraqi trade volume of trade exchange between Iraq and Iran reached about 12 billion U.S. dollars last year, in a press statement, referring to the possibility of doubling that figure in the coming years. He said: This is the balance of trade about $ 12 billion per year, 50 percent of which are not dependent on the oil industry, and this is an important indicator of the parties. Showed researcher economic importance to be the private sector's role in the diversification of exports as there are simple products in non-oil exports through the private sector , such as dates and vegetable and animal oils and wool, leather and some raw materials, like salt and sponge and sulfur combined value does not constitute 1 percent of GDP, as well as being not commensurate with what is owned by the country's economic potential represented by natural and human resources. 
    showed a report to the Ministry of Planning recently released about Iraqi trade balance, that the total value of exports amounted last year to $ 94.2 billion, and imports of $ 56.2 billion, while the current account recorded a $ 32 billion ceiling, while the current account ratio to GDP at 12.88 percent.

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