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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    In numbers: An expected decrease in Iraq's imports from Iran by 27%... and Iranian ambition contradi

    Rocky
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    In numbers: An expected decrease in Iraq's imports from Iran by 27%... and Iranian ambition contradi Empty In numbers: An expected decrease in Iraq's imports from Iran by 27%... and Iranian ambition contradi

    Post by Rocky Tue 13 Sep 2022, 7:04 am


    [size=30]In numbers: An expected decrease in Iraq's imports from Iran by 27%... and Iranian ambition contradicts reality

    2022-09-13
    [/size]
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    Yes Iraq: Special

    Iran is looking to regain its export share in the Iraqi market, after it declined by 13% during the current year. At a time when Iranian exports during the past two years exceeded $9 billion, and it aspired to raise it to $20 billion, Iran hopes that its exports to Iraq will reach $10 billion. This year, however, digital indicators indicate that this number will be achieved only 70% of it.
     
    The head of the Iranian-Iraqi Chamber of Commerce, Yahya Al-Ishaq, expected that Iran's exports to Iraq would reach nearly 10 billion dollars in the field of joint trade by the end of the current Iranian year, specifically by the end of next March of the new year.
    He considered that "economic diplomacy plays a key role in international and political relations, confronting threats and seizing opportunities," calling for "more focus on this aspect in relations with the State of Iraq."
     
    He added that economic diplomacy "is able to confront countries that want to obstruct Iran's active presence in Iraq," noting that this diplomacy "focuses on employing the ancient historical ties that unite the two countries, in the context of developing bilateral trade and economic cooperation."
     
    Iran is talking about achieving $10 billion in exports within a year, after it was talking about its quest to raise exports to $20 billion, as Iran's ambition declined as Iraqi imports from Iran actually declined.
    In 2020, despite the closure of Corona, Iran exported to Iraq with a value of 8 billion dollars, and in 2021, which witnessed the opening of the closure, exports only increased by 1.5 billion dollars, and Iran’s exports to Iraq amounted to 9.5 billion dollars.
    In 2022, Iran's exports during the past five months amounted to $2.961 billion, a decrease of 6% compared to the same period last year. It is not expected that Iran's exports to Iraq will reach more than 7 billion dollars, a decrease that may reach 27 percent compared to last year.
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