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Iran Iraq

Iraqi chief banker in Iran to discuss debt settlement

A senior banking delegation from Iraq led by the country’s chief banker have held talks with Iranian authorities in Tehran as a report suggest that negotiations between the two neighboring countries have focused on Iraq’s plan to settle a multi-billion dollar debt to Iran in the very near future.

Macro Economy

Iran’s frozen funds in Iraq to be used for imports of food, medicine

The Ministry of Industry, Mine and Trade said Iran’s funds held in Iraq will be used for purchasing food and medicine.

Macro Economy

Iran boosts imports from Iraq

Iran has dramatically increased imports from Iraq as it is seeking to balance trade with the western neighbor.

Trade

Iran set to open trade center in Iraq’s Sulaymaniyah

Iran’s Consul General in Sulaymaniyah Mehdi Shoushtari has said the Islamic Republic plans to open a trade center in the region for promoting Iranian products, IRNA reported.

Trade

Iran exports some $8 billion of commodities to Iraq in eight months

The head of Iran-Iraq Joint Chamber of Commerce said Iran’s exports to Iraq during the first eight months of the current Iranian calendar year (March 21, 2021 – November 21) have fetched the country around $8 billion.

Trade

Iran Chamber supports forming joint committees between local chambers of Iran, Iraq

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei voiced ICCIMA’s support for forming joint committees between local chambers of Iran and Iraq which he said would help support trade between the two neighboring countries in a specialized way.

Iran Chamber

Iran, Iraq private sectors discuss cooperation on access to Syria, Lebanon markets

In a meeting on Tuesday between a visiting Iranian delegation and private sector activists from the Iraqi city of Karbala, the two sides underlined the need for further cooperation on providing access to the markets of Syria and Lebanon.

Iran Chamber

Iran private sector urges Tehran, Baghdad to ensure security of investment from both sides

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei said on Tuesday that investment organizations in Iran and Iraq should set up a joint executive committee to help create a safe environment for investors from both sides.

Iran Chamber

Iraq vows to facilitate transit of Iranian commodities

Head of Iraq’s Border Ports Authority, Omar Adnan Al-Waeli said on Tuesday that the authority has taken different measures so that the transit of Iranian commodities via Iraq will become possible soon.

Iran Chamber

Iran private sector urges Iraq to remove cooperation barriers

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei on Monday called on Iraq to remove the hurdles on the way of expansion of cooperation between the two countries.

Iran Chamber

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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