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Iran Iraq

Rouhani’s landmark Iraq visit to consolidate bilateral trade, political ties

Iranian President Hassan Rouhani is due in Iraq on Monday in his first visit to the neighbouring Arab country since he took office in 2013. The landmark visit if significantly important as the two nations set eyes on increasing their bilateral trade to up to 20 billion dollars and snatch away economic and political initiatives from the US.

Trade

Iran plans to reconstruct Iraq electric power industry in next 3 years: Minister

As Iraq is looking to rebuild after eight years of occupation and war, Iran is also taking measures to get a bigger share of the neighbouring country’s reconstruction market.

Energy

Iran non-oil exports to regional countries show double-digit rise in 10 months

The increases are a clear sign that Iran is looking more to strengthen its economic relations with its neighbours, especially with those it shares borders, in the wake of intensified unilateral US sanctions.

Trade

Iraq snubs US push to cut off Iran energy imports

US President Donald Trumps Administration is pressuring other countries to stop purchasing energy from Iran in a bid to tighten the noose against Tehran. However, Baghdad says it can not and will not comply with punitive measures imposed by Washington.

Energy

Iran, Iraq open non-dollar payment channel in defiance of US sanctions

Tehran’s initiatives to avoid using US dollar in its interantioanl trade can consolidate warmer political and economic relations with its neighbours and regional countries. Such mecahnisms as well as Europe’s INSTEX could finally help it alleviate problems caused by punitive US measures.

Trade

Rail connection with Iraq, Iran priority: Damascus

As Syrians look to rebuild war-torn country, Terhan is rushing to aid the governemnt of President Bashar al-Assad. Transiting goods via Iraq is of utmost importance to bring down the costs and cut short the distance.

Trade

Iran’s Arvand Free Zone to launch cruise ship voyages

Tehran is seeking to boost its coastal and maritime tourism in the area that shares a natural border with the neighbouring Arab countries of Iraq and Kuwait.

Transportation

Iran private sector urges joint investment, more banking relations to boost Iraq trade

The entity that represents Iran private sector proposes joint investment projects in Iraq and opening branches of Iranian banks across the Arab country as well as border areas to facilitate trade between the two nations.

Trade

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 Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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