Iran Iraq

New contractor to finish railway linking Iran’s Shalamcheh to Iraq’s Basra

The Iranian government has picked up a new contractor for construction of a key railway extension into the Iraqi territory with sources saying that the bidder would provide full finances worth 100 million euros for the project.

Transportation

Iran’s export to Iraq via Bashmaq border hits $1 billion in five months

A total of 479,195 tons of commodities worth $1 billion transited through Bashmaq border crossing located in the western Kurdestan Province during the first five months of the current Iranian year (March 20-Aug. 21).

Trade

Iran’s exports to Iraq increase 30% compared to early pandemic months: Businessman

Iran’s exports to Iraq are gradually growing compared to initial months of the spread of the coronavirus pandemic in the Middle East beginning late February, a member of Iran-Iraq Joint Chamber of Commerce says.

Trade

Shalamcheh crossing at Iran-Iraq border operational again after Eid al-Adha closure

Shalamcheh crossing at the border between Iran and Iraq has been reopened for trade after it was temporarily closed by the authorities on the Iraqi side from Eid al-Adha to Eid al-Ghadir.

Trade

Khosravi crossing reopened at Iran-Iraq border

Khosravi crossing at the border between Iran and Iraq has been reopened for trade after it was closed by the authorities on the Iraqi side about five months ago due to the spread of the new coronavirus.

Trade

Payment deal with Iraq in final phase

Head of the International Department of the Central Bank of Iran said constructive talks were held with Iraqi officials which could result in unfreezing millions of dollars of Iranian money.

Trade

Iran determined to increase trade with Iraq to $20b: Rouhani

President Hassan Rouhani says his administration is determined to take the volume of Iran and Iraq’s annual bilateral trade to $20 million.

Trade

Iran-Iraq border reopened for trade

Mehran crossing on the border with Iraq was reopened on Monday for the trade between Iran and Iraq to be resumed. The crossing would be open on Sundays and Wednesdays allowing 500 trucks to move weekly.

Trade

Negotiations underway for reopening of Iran-Iraq border: Official

Iranian customs officials discussed reopening of Mehran border with Iraqi partners to resume trade as both nations have taken health measures to guarantee hygienic transportation of goods.

Trade

Iran, Iraqi Kurdistan reopen border for trade

Trucks lined up at the Iraqi Kurdistan and Iranian border as it partially reopened for trade on May 3, weeks after it was shut to curb the spread of the coronavirus.

Trade