Iraq is more than a trade partner for Iran and the bonds linking the two countries are so deep that they need to further boost economic relations, President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei said on Monday.
A trade delegation from Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) is scheduled to visit Iraq on Sunday, January 16.
Head of the Transportation and Logistics Commission of Iran Chamber of Commerce Ali Hosseini has urged setting up a land corridor between Iran, Iraq and Syria.
Iran and Iraq signed an agreement on carrying out a long awaited Basra-Shalamche railway project which is part of the rail network to link the two countries.
Due to the reduction of Iran’s gas exports to Iraq from 52 million cubic meters per day to 8 mcm/d in recent months, the neighboring country’s electricity generation has decreased by 3,400 megawatts, a member of the board of the Iran-Iraq Chamber of Commerce said.
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.