Iran Iraq

Iran says FTA with Iraqi Kurdistan can expand economic ties

Sulaymaniyah was the second city in the Iraqi Kurdistan region after the capital Erbil where Iranian political and business authorities took part in a joint business forum aimed at augmenting bilateral trade.

Trade

Iranian FM ‘maneuvers’ in Iraq as Tehran rushes to counter US sanctions

Zarifs tour of five Iraqi cities and his numerous meetings with a wide range of Iraqi authorities practically overshadows US Secretary of State, Mike Pompeos flash visit to Irans neighbour.

Trade

Iran, Iraqi Kurdistan to launch joint production to export to regional countries

Iranian and Irqi Kurds officials call themselves "brothers" and that comes from Iran’s consistent backing of the Iraqi Kurds in repelling IS terrorists as well as Tehran’s support during the US 2003 invasion of Iraq. Erbil and Tehran are now consolidating their trade ties.

Trade

Iraqi government urges Iranian private firms to rebuild country

Iran is a top exporter of goods to Iraq and is eager to increase its investment in reconstructing its Arab neighbour. A government official says doors are open for Iranian companies.

Trade

Iran ready to end visas, lower tariffs with Iraq: Zarif

Iranian FM Zarif is in Iraq to cement political and economic relationships with the Arab neighbour. His visit follows a short visit by US Secretary of State, Mike Pompeo, aimed at urging Baghdad to stop engaging with Iran.

Trade

Iran eyes cutting Syria trade route short through Iraq

Iranian exports to Syria are carried out either through Turkey or via Bandar Abbas in the Persian Gulf which incur high costs to businessmen and delay their arrivals on time for the Syrian consumer.

Trade

Iran to offer another 1 million barrels of oil on domestic bourse

Tehran sought to keep its sales flowing by putting its crude on energy exchange for sale to bypass the renewed US sanctions that are targeting the country’s vital oil and banking sectors.

Energy

Private sector to bolster Iraq trade in 5-day visit

Dozens of Iranian businessmen will try to increase their investment in the neighbouring country by holding talks with Iraqi traders from all across the country. The visit comes after US Secretary of State Pompeo visited Iraq to help reduce Irans influence there.

Trade

Iran exports to Iraq worth $11bn annually

Iran has been dominating the market in Iraq as the Baghdad moves forward to rebuild the Arab country. Commodities and energy top Iraqi annual imports.

Trade

Iran “ready” to double power export

Iraq, Pakistan, Afghanistan and Armenia are already imorting some part of their needed elictricity from Iran which now says can increase the export.

Energy