Iraq Business News brings you the latest news on developments and opportunities in Iraq agriculture.
By John Lee. In what it describes as a landmark decision, the Green Climate Fund (GCF) has approved funding for two transformative projects valued at $134 million, to support adaptation and enhance the climate resilience of vulnerable agricultural communities in Somalia and Iraq. These initiatives, spearheaded by the Food and Agriculture Organization of the United […]
By Peter McMeekin, of Grain Brokers Australia, for Grain Central. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq suffers a wheat-surplus headache Historically a major wheat importer, Iraq is facing an unexpected surplus in 2024-25 after growers planted a record area on the […]
By John Lee. The Iraqi government has agreed new pricing for wheat based on the type of irrigation method used. Wheat grown on lands using modern irrigation systems will be priced at 850,000 Iraqi dinars [$649] per ton, with a 90% government subsidy compared to global market prices; wheat from lands using traditional irrigation will […]
By John Lee. Iraq's Ministry of Agriculture has launched a series of initiatives aimed at increasing the number of high-quality date palms and enhancing date production. Dr. Hadi Hashem al-Yasiri, Director General of the Horticulture Department, announced the establishment of genetic banks to propagate large numbers of superior saplings. The initiative includes tissue culture projects […]
By John Lee. World-grain.com has published an information-packed article on the grain and flour market in Iraq. Written by Susan Reidy, Focus on Iraq includes data from the International Grains Council (IGC) and the Foreign Agricultural Service (FAS) of the US Department of Agriculture. Click here to read the report. (Source: World-grain.com)
By John Lee. The United Nations Development Programme (UNDP), in partnership with the Government of Japan, has rehabilitated a nursery in Baqubah, Diyala, enhancing both agricultural output and economic growth in the governorate: Impact: Over 4,000 farmers in Diyala will benefit. The nursery will produce more than 25,000 seedlings annually. Support includes modern irrigation techniques […]
By John Lee. The United Nations Development Programme (UNDP) and the United States Agency for International Development (USAID), in collaboration with the Ministry of Environment, have announced the launch of the National Strategy for the Protection and Improvement of the Environment in Iraq (2024-2030). This strategy marks a critical milestone in Iraq's efforts to tackle […]
By John Lee. Iraq's Minister of Finance, Taif Sami Mohammed, signed an agreement with the Austrian ambassador to Baghdad to secure a €262.16 million [$291 million] loan from Austria's Erste Group Bank. The loan will fund the development of pivot irrigation systems for the Ministry of Agriculture, with Austrian company Bauer leading the project's execution. […]
FAO and MoE are developing the National Strategy for Sustainable Land Management in Iraq [EN/AR] The Food and Agriculture Organization of the United Nations (FAO) in Iraq, conducted the annual National Project Steering Committee under the project "Sustainable Land Management (SLM) for Improved Livelihoods in Degraded Areas of Iraq," funded by the Global Environment Facility […]
By John Lee. The Iraqi Cabinet has granted the Finance Minister the authority to sign a loan agreement with Austria's Erste Bank, secured by the Austrian Export Credit Agency (OeKB). The loan will finance an irrigation technology project under the Ministry of Agriculture, in accordance with the Federal Budget Law for the fiscal years 2023-2025. […]
By John Lee. Iraq's Prime Minister, Mohammed Shia Al-Sudani, has chaired a meeting to discuss the first phase of water projects outlined in a framework agreement with Turkey, signed in April. The package includes 13 key projects focused on water resource management, sanitation, and irrigation. Al-Sudani emphasized the importance of optimizing these projects, particularly in […]
By John Lee. The Food and Agriculture Organization of the United Nations (FAO) has launched a campaign to clean the Al-Hawizeh Marsh from plastic waste and pollution: Clean-Up Campaign in Al-Hawizeh Marsh: In line with World Water Week and the "Water is Life" campaign, FAO Iraq, in collaboration with the Iraqi government, local authorities, and […]
