China Reaches $20bn Trade with Iraq

By John Lee.

The Minister of Foreign Affairs, Dr Ibrahim Al-Jaafari, received a copy of the credentials of the new Chinese Ambassador to Iraq, Mr Chen Weiqing, at the ministry Headquarters..

“Last year, trade [between Iraq and China] reached $20 billion, and today Iraq represents the third largest partner in the Arab world,” Mr Chen Weiqing revealed, affirming that China is continuing to provide assistance to Baghdad in various sectors, especially, the humanitarian and service sectors that include electricity and telecommunications.

He also asserted the keenness of the Chinese government on increasing the level of assistance this year to ¥160 million, with the first tranche to be delivered this month.

(Source: Ministry of Foreign Affairs)