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[size=36]Iranian official: These challenges face our trade with Iraq[/size]
Economy | 06:30 - 15/05/2019
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BAGHDAD balances News
The head of the joint Iraqi - Iranian Chamber of Commerce Yahya Al - Ishaq, that joint investments support the sustainability of the trade exchange between the two countries, hoping to raise the ceiling to exchange $ 20 billion.
At a meeting of the committee on Wednesday, Al-Ishaq said that one of the important challenges in the field of trade between Iran and Iraq is the issue of guarantee and risk to exporters, where we hope to address this issue.
He added that if the necessary concessions are made, we hope to raise the ceiling of trade cooperation between the two countries to the planned figure of 20 billion dollars.
He pointed out that the biggest share of trade between Iran and Iraq is for Iran. He added that in order for this cooperation to continue, Iraqis demand that the trade should not be unilaterally and they even demand the export of some goods capable of producing it for the Iranian market.
He pointed out that the trends of the Iraqi market tends to invest in them, so it is those who are active in the Iraqi market to pay attention to this point, thinking about joint investments in Iraq.
He said that the issue of transit and re-exports with Iraq should be resolved, and said that the measures taken in this area, but the problem of laws and controls in Iraq is still in place.
The head of the joint Iraqi - Iranian Chamber of Commerce Yahya Al - Ishaq, that joint investments support the sustainability of the trade exchange between the two countries, hoping to raise the ceiling to exchange $ 20 billion.
At a meeting of the committee on Wednesday, Al-Ishaq said that one of the important challenges in the field of trade between Iran and Iraq is the issue of guarantee and risk to exporters, where we hope to address this issue.
He added that if the necessary concessions are made, we hope to raise the ceiling of trade cooperation between the two countries to the planned figure of 20 billion dollars.
He pointed out that the biggest share of trade between Iran and Iraq is for Iran. He added that in order for this cooperation to continue, Iraqis demand that the trade should not be unilaterally and they even demand the export of some goods capable of producing it for the Iranian market.
He pointed out that the trends of the Iraqi market tends to invest in them, so it is those who are active in the Iraqi market to pay attention to this point, thinking about joint investments in Iraq.
He said that the issue of transit and re-exports with Iraq should be resolved, and said that the measures taken in this area, but the problem of laws and controls in Iraq is still in place.
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