Iran Iraq

US renews sanctions waiver for Iraq to import Iranian energy

The United States granted Iraq a 120-day extension to a sanctions waiver allowing the Arab country to import energy from neighboring Iran.

Energy

Iran private sector calls for reopening transit route to Syria via Iraq

Chairman of Iran-Syria Joint Chamber of Commerce Keyvan Kashefi on Monday called for reopening Iran transit road to Syria with cooperation of the Iraqi government and the Iranian Ministry of Road and Urban Development.

Trade

Iran, Iraq ease visa requirements

Visa requirements have been eased between Iraq and Iran.

Transportation

Iran’s H1 exports to Iraq rise 28% YOY

Iran’s non-oil exports to Iraq during the first six months of the current fiscal year (March 21-Sept. 22) stood at 13.9 million tons worth $3.8 billion, registering a 50% and 28% year-on-year growth in weight and value respectively, according to the head of the Iran-Iraq Chamber of Commerce.

Trade

Iran keen on renewing gas export contract with Iraq

The National Iranian Gas Company is ready to renew its gas export contract with Iraq.

Energy

Iran’s imports from Iraq up 430% YOY

A recent report by Iran Customs Administration (IRICA) suggests that Iran’s imports from Iraq in the first five months of the current fiscal year (March 21 – August 22) have grown by 430% in value terms in comparison with the figures from last year’s corresponding period.

Trade

Iran, Iraq agree to accelerate Basra-Shalamcheh railway project

Acceleration of Basra-Shalamcheh railway project, joining Iran to Iraq, was one of the main agendas of a Sunday meeting between Iranian President Ebrahim Raeisi and visiting Iraqi Prime Minister Mustafa al-Kadhimi.

Macro Economy

Iran government urged not to neglect Iraq’s energy market

Iranian private sector has warned the government authorities about neglecting the Iraqi energy market.

Energy

Increased tariffs hampering Iranian exports to Iraq

Imposition of strict restrictions on visa issuance for Iranian businessmen and increased tariffs are damaging Iran’s trade with neighboring Iraq, expert says.

Trade

Iran’s exports to Iraq up 31% in five months

Iran has managed to increase its exports to Iraq by almost a third year on year in the five months to August 22, says a senior businessman watching over trade between the neighbors.

Trade