Russian agency: the trade exchange between Iraq and Saudi Arabia rose 3 times during the period of demonstrations
13:33 - 28/12/2019
[You must be registered and logged in to see this link.]
According to the Russian agency "Sputnik", that the trade exchange between [You must be registered and logged in to see this link.] Saudi Arabia rose to three times during the period of demonstrations that started on the first of October next.
The agency said in a report that it had seen / the information, that "the issue of approval of the Memorandum of Understanding between the Iraqi and Saudi sides coincided with the demonstrations in [You must be registered and logged in to see this link.] , something that served the Saudi side."
She added that "the trade exchange between Saudi Arabia and Iraq was up to 400 million dollars, and during the period of the demonstrations it rose to three times, as the trade exchange between the two countries reached one billion and three hundred million dollars."
The agency noted that "Iraqi merchants are heading towards Saudi Arabia, because the Iranian goods are experiencing stagnation and reluctance to consume them, so the Saudi side took advantage of this and activated its commercial movement with[You must be registered and logged in to see this link.] , through memoranda of understanding, in order to bridge the shortfall that occurs in the Iraqi market, due to the lack of import of Iranian goods. Ended / 25