Iran Iraq

18% of Iran’s five-month exports bound for Iraq

Iran exported more than $3.5 billion worth of non-oil products to neighboring Iraq in the five calendar months to August 22, meaning that the Arab country has received 18.3% of Iran’s total exports in this period.

Trade

“Iran’s exports to Iraq to hit $12 billion by yearend”

Iran’s exports to Iraq has registered an 18.5% year-on-year increase in the first five calendar months to August 22, the secretary general of the Iran-Iraq Joint Chamber of Commerce said, predicting that the value of the country’s exports to Iraq will reach $12 billion by the yearend.

Trade

Iran, Iraq begin construction of Shalamcheh-Basra railway project

Iran and Iraq has officially begun the construction of a long-awaited shalamcheh-Basra railroad.

Transportation

Iran finalizing extension of gas export deal with Iraq

The Iranian deputy minister of oil has announced that the gas export deal with Iraq is being finalized.

Energy

Iran, Iraq agree to complete Shalamcheh-Basra railway

Iran and Iraq have agreed to continue their bilateral cooperation to establish joint industrial zones and complete the Shalamcheh-Basra railway.

Transportation

Iran’s Q1 exports to Iraq tops $2.3 billion

Iran has exported as much as $2.348 billion worth of goods to Iraq in the first quarter of the current Iranian calendar year (March 21 – June 21), according to an official with the knowledge of the matter.

Trade

Iran private sector can have a $10 billion share of next year trade with Iraq: Businessman

Head of Iran-Iraq Joint Chamber of Commerce Yahya Al-Eshaq said that the Iranian private sector can increase its trade with Iraq over the next year.

Local Chambers

Official says Iraq has fully settled gas debt to Iran

Iraq has completely settled an overdue debt to Iran for its gas imports from the country, according to an Iranian deputy oil minister.

Energy

Iraqi source confirms plan to pay $2.76 bn of Iran’s debts

A source in the Iraqi foreign ministry has confirmed the Arab country will pay $2.76 billion worth its energy debts to Iran as part of a recent understanding with US authorities.

Energy

Iran, Iraq agree to extend gas contracts in 5 years

Noting that Iran and Iraq have two gas export contracts in place, the Iranian Oil Minister Javad Owji says that the two neighboring countries have agreed to extend the contracts in the next five years.

Energy