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Trade exchange between Iraq and Iran is the highest since 2003
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The volume of Iraqi-Iranian trade exchange in 2017 witnessed the highest rise since 2003, amounting to $ 13 billion, with Iran's exports to Iraq doubling 17 times over the past decade.
The Iranian trade attaché in Iraq, Mohammad Rezazadeh, said that the trade exchange between the two countries amounts to 13 billion dollars annually, including about 6 billion and 200 million dollars exports of non-Iranian oil products to Iraq.
"Iran's exports to Iraq have doubled 17 times over the past decade," Zadeh said during a joint meeting of the Council for Dialogue and Exchange of Opinion with Iran's economic activists.
He pointed out that "technical and engineering services, cars, foodstuffs and dairy products constituted a significant part of exports," pointing out "the tourist side and the reception of Iranian cities by Iraqi tourists throughout the year."
On the other hand, Iranian and Iraqi businessmen held their first meeting at the Iranian Embassy in Baghdad, attended by the President of the General Federation of Iraqi Chambers of Commerce, the heads of the Iraqi Chambers of Commerce, the Federation of Industries and the Iraqi Investment Committee, as well as a group of Iraqi businessmen, investors and representatives of companies. Iran, which is active in Iraq.
The representatives of the Iranian and Iraqi industry and trade stressed the need to take advantage of the opportunities to develop bilateral relations and lift barriers, in addition to the need to promote joint investments in all fields, facilitate visa procedures between the two countries and put an end to the restrictive laws of trade exchange and fulfill financial obligations on the Iraqi side towards companies Iran.
The ambassador of Iran to Baghdad, Erj Masjidi, the need to take advantage of the possibilities available to develop trade and investment between the two countries, "adding that" he informed the Iraqi side on the problems related to visas and the need to cancel visas between the two countries to facilitate the travel of citizens and businessmen and investors. "
"The opportunity to develop trade and economic relations between the two countries," he said, "is the creation of a free trade zone in Khorramshahr and another in Abadan to make room for Iraqi investors."
"The increase in the volume of trade exchange during the short period is due to the transformation of Iraqi commercial transactions to what the industry, agriculture and energy sector in Iran believe, especially after the deterioration of the security situation in northern Iraq and the West by the control of gangs, Of the land and affected the transportation routes between Iraq and Turkey, Syria and Jordan. "
"Each country has a specific specialization in production, and this subject is determined by the consumer, where the trade in agricultural crops is the share of Iran and Syria," she said. Finished
[You must be registered and logged in to see this link.]
The volume of Iraqi-Iranian trade exchange in 2017 witnessed the highest rise since 2003, amounting to $ 13 billion, with Iran's exports to Iraq doubling 17 times over the past decade.
The Iranian trade attaché in Iraq, Mohammad Rezazadeh, said that the trade exchange between the two countries amounts to 13 billion dollars annually, including about 6 billion and 200 million dollars exports of non-Iranian oil products to Iraq.
"Iran's exports to Iraq have doubled 17 times over the past decade," Zadeh said during a joint meeting of the Council for Dialogue and Exchange of Opinion with Iran's economic activists.
He pointed out that "technical and engineering services, cars, foodstuffs and dairy products constituted a significant part of exports," pointing out "the tourist side and the reception of Iranian cities by Iraqi tourists throughout the year."
On the other hand, Iranian and Iraqi businessmen held their first meeting at the Iranian Embassy in Baghdad, attended by the President of the General Federation of Iraqi Chambers of Commerce, the heads of the Iraqi Chambers of Commerce, the Federation of Industries and the Iraqi Investment Committee, as well as a group of Iraqi businessmen, investors and representatives of companies. Iran, which is active in Iraq.
The representatives of the Iranian and Iraqi industry and trade stressed the need to take advantage of the opportunities to develop bilateral relations and lift barriers, in addition to the need to promote joint investments in all fields, facilitate visa procedures between the two countries and put an end to the restrictive laws of trade exchange and fulfill financial obligations on the Iraqi side towards companies Iran.
The ambassador of Iran to Baghdad, Erj Masjidi, the need to take advantage of the possibilities available to develop trade and investment between the two countries, "adding that" he informed the Iraqi side on the problems related to visas and the need to cancel visas between the two countries to facilitate the travel of citizens and businessmen and investors. "
"The opportunity to develop trade and economic relations between the two countries," he said, "is the creation of a free trade zone in Khorramshahr and another in Abadan to make room for Iraqi investors."
"The increase in the volume of trade exchange during the short period is due to the transformation of Iraqi commercial transactions to what the industry, agriculture and energy sector in Iran believe, especially after the deterioration of the security situation in northern Iraq and the West by the control of gangs, Of the land and affected the transportation routes between Iraq and Turkey, Syria and Jordan. "
"Each country has a specific specialization in production, and this subject is determined by the consumer, where the trade in agricultural crops is the share of Iran and Syria," she said. Finished
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