Iran Iraq

US renews Iraq sanctions waiver for Iranian gas, electricity imports

The United States has granted Iraq a 45-day sanctions waiver enabling the country to continue importing vital Iranian gas and electricity supplies.

Energy

Iran’s export to Iraq hits $9 billion in 9 months

Chairman of Iran-Iraq Joint Chamber of Commerce Yahya AleEshaq said that during the first 9 months of the Iranian calendar year (March 22-December 21, 2019), $9 billion of non-oil goods and services were exported to Iraq.

Joint Chambers

Iraq resists US pressure to cut down on Iranian gas imports

Iraq is one of the major Iranian gas clinets to feed its power plants that general electricity for millions of its inhabitants.

Energy

Iran, Iraq to open three border commercial centres

Tehran and Baghdad have been looking to augment their trade volume and consolidate their trade ties. New commercial centres will help strengthen local markets as well.

Trade

Iraq, Iran discuss ditching dollar to expand trade ties

Baghdad and Tehran are keen on expanding their commercial ties despite the US unilateral sanctions. Ditching dollar is one way to reach this goal.

Trade

Iran private sector sets eyes on Iraqi reconstruction market

Iran private sector says it has all the capacity to fully enter the Iraqi reconstruction market as the neighbouring country eyes foreign investment to rebuild itself.

Mine and Industry

Iran, Iraq to set up joint investment fund

Securities and Exchange Organization (SEO) of Iran and the Iraqi Securities Commission (ISC) signed a Memorandum of Understanding (MoU) to create a joint investment fund.

Financial Markets

Iran, Iraq can reach $20bn in annual trade volume: CBI

Central Bank of Iran (CBI) says reaching a 20-billion-dollar trade volume with Iraq is not a far-fetched objective as the two nations eye increasing their annual trade exchanges.

Trade

Iran, Iraq pledge to strengthen bilateral ties, focusing on economic exchanges

Iran and Iraq vowed on Monday to take further steps to develop their bilateral ties as the two neighbors eye closer regional cooperation in the wake of rising tensions in the region.

Trade

Iraq, Iran review agreements to bolster bilateral trade in Baghdad forum

he Iraqi capital city, Baghdad, is hosting a joint meeting of Economic Cooperation Commission with Iran. The two-day session opened on Sunday and will conclude on Monday.

Trade