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Iran-made plants already supplying power to Iraq

Iran-Iraq joint Chamber of Commerce Vice President, Alireza Kolahi, says Iranian public and private firms have been actively generating electricity for residents of the Iraqi capital Baghdad as well as the city of Najaf. He also mentioned that more contracts are in the pipeline.

Iranian firms challenge US, European rivals in Iraq electricity market

Tehran has been seeking to get a bigger share of the huge reconstruction market in Iraq following the end of war against the ISIS. Iranian power companies are the main rivals for American and European firms who are struggling to win big contracts.

Iran steel industry takes off despite US sanctions

Iran is capable of producing 25 million tonnes of steel in the current fiscal year which ends on March 21, 2019 but foreign sanctions and duties are a big hurdle, the head of the Iranian Steel Producers Association says.

Iran, Iraq plan to ditch dollar in trade: Envoy

Iranian ambassador to Baghdad said Iran and Iraq are weighing plans to eliminate US dollar in trade transactions and also lift visa requirements for citizens of the two countries.

Iran, Iraq eye expansion of trade despite US sanctions

Iran and Iraq could raise their annual bilateral trade to $20 billion from the current $12 billion, President Hassan Rouhani said on Saturday, despite concerns over the impact of renewed U.S. sanctions.

Iranian, Iraqi private sectors fortifying economic ties

In a meeting at Karbala Chamber of Commerce, an Iranian trade delegation from Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) discussed increasing mutual ties with their Iraqi counterparts, the portal of ICCIMA reported.

Iran ready for strong presence in Iraq, Afghanistan ICT markets: Shafei

Iran Chamber of Commerce president highlighted the country’s capabilities in the field ICT and said Iran’s private sector is ready to have strong presence in the ICT markets of neighboring Afghanistan and Iraq.

Iran-Iraq Chamber of Commerce opens regional bureau in Ahwaz

Iran opens the first regional bureau of Iran-Iraq Joint Chamber of Commerce in southwestern city of Ahwaz.