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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

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    Economist: Trade exchange between China and Iraq will reach 44 billion dollars

    Rocky
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    Economist: Trade exchange between China and Iraq will reach 44 billion dollars Empty Economist: Trade exchange between China and Iraq will reach 44 billion dollars

    Post by Rocky Fri 02 Dec 2022, 5:47 am

    Economist: Trade exchange between China and Iraq will reach 44 billion dollars

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    Economy News / Baghdad
    Economic expert Nabil Al-Marsoumi said, Thursday, that Iraq may have crossed the red line in its relationship with China, indicating that the volume of trade exchange between the two countries will exceed $44 billion by the end of 2022.
    Al-Marsoumi said in a post on Facebook, "The US Pentagon warned Iraq and other countries in the Middle East against continuing broad cooperation with China because of its negative repercussions on the United States."
    He added, "China is Iraq's largest trading partner, as trade dealings between them reached $33.7 billion during the first ten months of this year, which means that it could reach more than $40 billion at the end of 2022."
    He explained that "Iraq's exports to China are concentrated in crude oil, while Iraq imports various types of Chinese commodities," noting that "Chinese companies enjoy extensive business in Iraq in the field of infrastructure, construction and energy, and they are the main operator in five Iraqi fields: Rumaila and West Qurna." 1/ Maysan, Halfaya and Al-Ahdab, in addition to transferring a number of other oil and gas fields to Chinese companies, including the Mansouriya gas field, and the Al-Faw strategic refinery was also transferred to it, in addition to large and wide works in the field of oil services.

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    Added 12/01/2022 - 4:40 PM
    Updated 12/02/2022 - 1:42 PM


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