Archive | Agriculture

Iraq Business News brings you the latest news on developments and opportunities in Iraq agriculture.

Avangardco Iraq Business falls by half

By John Lee. Ukrainian egg producer Avangardco has said that its exports of shell eggs decreased by 50 percent year-on-year in the third quarter of 2016, due to what it described as "the unstable situation in Iraq". In the period, the company sold 59 mln units to Iraq, down from 119 mln units in 3Q […]

Agricultural Licensing Rounds for Foreign Investors

By Salam Zidane for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq considers proposal of agricultural licensing rounds for foreign investors On Oct. 23, the Iraqi parliament’s agricultural committee reported that Iraq imports more than 75% of its vegetables and animal products. Meanwhile, agriculture experts conducted […]

IFAD begins Investment in Iraq

IFAD to begin investment in Iraq to address challenges of agriculture and rural development The development of the first strategic roadmap for investment in smallholder agriculture and rural development in Iraq is the focus of a high-level meeting being held in Amman from 18 to 20 October. Organized by the International Fund for Agricultural Development […]

Iraq bans Jordanian Food Imports

By John Lee. Iraq’s Ministry of Trade has banned the import of some food products and beverages from Jordon due to what it describes as “health and safety concerns.” Local media reports say the Ministry identified genetic modification and the excessive use of food additives as the reasons for the ban on some products. The […]

Iraq Agrees to Buy US Rice

On July 13, U.S. Ambassador to Iraq Stuart E. Jones and Iraq’s Minister of Trade Salman al-Jumayli signed a Memorandum of Understanding (MOU) on the purchase and supply of U.S. rice for the Iraqi public distribution system. Millions of Iraqis will benefit from the high-quality and competitively-priced rice from the United States, said a statement […]

RiTS Vision for a Better Iraq

By Aziz Al Nassiri. The idea of the RiTS Hexagon vision is to offer well-thought-through project concepts to deal with some of the most pressing problems Iraq faces today. The country’s leadership has been good with identifying the objectives, however not very good with specifying strategies to help achieve these objectives. Hence our projects are […]

Campaign to Save Iraq's Marshes Gathers Pace

Campaign to save Iraq's historic marshes gathers pace Iraq’s historic Southern marshes, a spectacularly beautiful haven that brimmed with wildlife, was a jewel in Iraq’s crown. Now it faces permanent extinction, the victim of a man-made campaign to destroy it and the way of life of its indigenous people. AMAR came into being at the […]

KRG Taxes Agricultural Products from Iraq

By John Lee. Kurdistan24 reports that the Kurdistan Regional Government (KRG) Ministry of Agriculture has decided to impose a tax on some products imported from other parts of Iraq. KRG Minister of Agriculture and Water Resources, Abdulstar Majid, said that the his Department is aware that imposing a tax on goods within a country is […]

IMMDF Finances Expansion of Corn-Drying Project

The Iraq Britain Business Council (IBBC) reports that the Iraq Middle Market Development Foundation (IMMDF) recently disbursed a US$1.7-million loan to a private sector poultry company in Erbil, Kurdistan, to expand its corn-drying operations. The loan will be repaid in monthly installments by December 2019. The company will use the funds to purchase 20,000 tonnes […]

Iraq becomes Largest Middle-East Sugar Importer

By John Lee. Iraq has reportedly overtaken the United Arab Emirates (UAE) to become the largest raw sugar importer in the Middle East. GulfNews quotes an analyst at Platts Kingsman as saying that Iraq imported 210,000 metric tons of raw sugar in the first quarter, compared with 156,600 tons imported by the UAE. Iraq’s only […]

Egg Imports Down on "Unstable Situation"

By John Lee. Avangardco, the largest producer of shell eggs and dry egg products in Ukraine and number one producer in Europe, has blamed a sharp decrease in exports on the "unstable situation in Iraq". In its results statement for the first quarter of 2016, the company said: "... exports of shell eggs decreased by 31% […]