Iraq Business News brings you the latest news on developments and opportunities in Iraq agriculture.
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 […]
By John Lee. Brazilian exports of chicken meat to Iraq have more than doubled. Considering all products, including fresh and processed, Brazil shipped a total of 15.3 thousand tons to Iraq in July. According to the Brazilian Animal Protein Association (ABPA), this represents an increase of 118.6 percent on the same month last year. (Source: […]
By John Lee. The Kurdistan Regional Government (KRG) has said it has implemented a strategic plan to revive suspended water projects. Total number of dams in the Kurdistan Region: 34 Completed dams: 23 Dams under construction: 11 Six dams completed since 2019: Chamrga Khans Dewana Turajar Akwban Shawger Expected completion by end of 2024: Gomaspan […]
By John Lee. Iraq has re-started the purchasing of rice from the United States, according to a press release issued by the USA Rice Federation. It adds that ADM Rice sold a vessel of American rice, which will be loaded and sail to Iraq early this autumn. The resumption follows what USA Rice describes as, […]
By John Lee. The Iraqi Cabinet has approved "final protective measures" for domestically produced urea fertilizer. According to a Ministry of Industry and Minerals document dated August 4, 2024, the import price for Di-ammonium Phosphate (DAP) fertilizer will be set at 800,000 dinars ($610) per ton and for urea fertilizer at 550,000 dinars per ton. […]
By John Lee. The General Company for Food Products, a subsidiary of the Ministry of Industry and Minerals, has announced the completion of a new dairy products factory building in Fallujah, Anbar Province. This project is being developed in partnership with the private sector. The factory building and its infrastructure have been completed, and the […]
By John Lee. In support of the national project for producing commercial zero flour, the Iraqi government has approved the local sale of wheat to licensed public and private mills at prices equivalent to the import price of similar wheat delivered to Umm Qasr Port. This move aims to enhance local flour production and reduce […]
