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Iran reveals a $20 billion trade contract with Iraq
Shafaq News/ Head of the Iranian-Iraqi Chamber of Commerce Yahya Al Ishaq said on the Iranian side that the inter-trade volume has recorded a growth of 17 percent since the beginning of the Iranian fiscal year on March 21, 2021 until now.
The official Iranian news agency Fars quoted Al Ishaq as saying that "Iran has a $20 billion commercial contract with Iraq, which is not unlikely to be achieved," without going into the details of this contract.
He also said that today officially we have touched 13 to 14 billion dollars in trade exchange, and this year it has grown by 17 percent.
He stressed that Iraq, after China, ranks second in terms of the volume of economic relations with Iran.
This came during a meeting held by the Iranian official with a delegation from Kirkuk province, according to the agency.
Al Ishaq noted the pivotal role of Kirkuk, which he considered "the heart of Iraq" and that it can contribute to communication with inside Iraq and Syria, and enjoys an excellent position in terms of industry, oil, energy, agriculture and transit.
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The official Iranian news agency Fars quoted Al Ishaq as saying that "Iran has a $20 billion commercial contract with Iraq, which is not unlikely to be achieved," without going into the details of this contract.
He also said that today officially we have touched 13 to 14 billion dollars in trade exchange, and this year it has grown by 17 percent.
He stressed that Iraq, after China, ranks second in terms of the volume of economic relations with Iran.
This came during a meeting held by the Iranian official with a delegation from Kirkuk province, according to the agency.
Al Ishaq noted the pivotal role of Kirkuk, which he considered "the heart of Iraq" and that it can contribute to communication with inside Iraq and Syria, and enjoys an excellent position in terms of industry, oil, energy, agriculture and transit.
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