Iraq’s Ministry of Electricity has expressed willingness for increasing natural gas imports from Iran, IRNA reported on Sunday quoting the ministry spokesperson Ahmed Mousa as saying.
A Business Forum on exploring trade and investment chances between Iran and Iraq is held in Iran Chamber of Commerce in Tehran December 8, 2021. The forum is participated by a visiting Iraqi trade delegation led by President of Kirkuk Chamber of Commerce Sabahattin Salihi.
An Iraqi trade delegation, led by President of Kirkuk Chamber of Commerce Sabahattin Salihi, visits Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) where they met with ICCIMA President Gholam Hossein Shafei on December 8, 2021.
Top private sector representatives of Iran and the Iraqi province of Kirkuk underlined that it is not a far-fetched plan to seek a $20 billion bilateral trade between the two countries.
Iranian knowledge-based companies should be present in Iraq’s Kirkuk province to develop trade relations, Saeed Al-Dhakerin, broker of the Innovation and Prosperity Fund in Iraq, has said.
The United States granted Iraq a 120-day extension to a sanctions waiver allowing the Arab country to import energy from neighboring Iran.
Chairman of Iran-Syria Joint Chamber of Commerce Keyvan Kashefi on Monday called for reopening Iran transit road to Syria with cooperation of the Iraqi government and the Iranian Ministry of Road and Urban Development.
Visa requirements have been eased between Iraq and Iran.
Iran’s non-oil exports to Iraq during the first six months of the current fiscal year (March 21-Sept. 22) stood at 13.9 million tons worth $3.8 billion, registering a 50% and 28% year-on-year growth in weight and value respectively, according to the head of the Iran-Iraq Chamber of Commerce.
The National Iranian Gas Company is ready to renew its gas export contract with Iraq.