Iran Iraq

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

Iran, Iraq ink oil cooperation agreement

An oil cooperation agreement has been signed between Iran and Iraq.

Energy

Iran’s exports to Iraq hit new record

A senior official in Iran’s Trade Promotion Organization (TPO) says Iranian exports to Iraq hit a new record in the calendar year to late march.

Trade

Iran, Iraq agree to complete Shalamcheh-Basra railway

During a meeting between Iranian Transport Minister Mehrdad Bazrpash and his Iraqi counterpart Razak Muhibis Al-Saadawi in Tehran, the two sides made an agreement on the completion of Shalamcheh-Basra railway.

Transportation

Iran-Iraq trade hits $9 billion in year to March

The volume of trade between Iran and Iraq hit $9 billion in the past Iranian calendar year to March 21 showing a roughly 20% increase in comparison to that of the preceding year, according to a person with the knowledge of the matter.

Trade

Iran, Iraq agree to speed up construction of key rail line

Iran and Iraq have agreed to speed up construction of the Shalamcheh-Basra railway and the restart of the Tehran-Karbala combined train, CEO of Iran’s railway company Miad Salehi says.

Transportation

Iraq repays debts for import of Iranian commodities in dinars

Iraq’s financial crisis has worsened and compelled it to repay its debts to Iran in Iraqi dinars, Iraqi officials told Middle East Eye.

Trade