Archive | Iraq Industry & Trade News

Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.

New Mechanism to Automate Customs Duty Pre-Payment in Iraq

By John Lee. An implementation mechanism for the pre-collection of customs duties has been finalised under Cabinet Decision No. 413 of 2026. Minister of Finance Faleh Sari chaired a meeting on Thursday to complete the mechanism, attended by Central Bank of Iraq Governor Nizar Nasser Hussein, Director General of the General Customs Authority Dr Thamer […]

Iraq's WTO Accession and National Trade Strategy on Agenda

By John Lee. Iraq's Ministry of Trade has held an expanded meeting with the International Trade Centre (ITC) to discuss cooperation on WTO accession and the preparation of a national trade and investment strategy. The Ministry was represented by Ghassan Al-Mohammadi, Under-Secretary for Economic Affairs, and Malik Khalaf Al-Durai'i, Director General of the Private Sector […]

Sulaymaniyah Summit Focuses on Investment and Economic Diversification

By John Lee. Iraq's President Nizar Amedi and Kurdistan Region President Nechirvan Barzani attended the Slemani Economic Summit for Investment and Development in Sulaymaniyah on Thursday. Kurdistan Regional Government Deputy Prime Minister Qubad Talabani also participated, along with officials, experts and business figures. President Amedi addressed the summit, stressing the importance of public-private partnerships in […]

Iranian Free Zone Bets on Joint Border Hub With Iraq

From Financial Tribune. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Mehran Free Zone Bets on Joint Border Hub With Iraq The Mehran Free Zone is accelerating talks with Baghdad to create a joint commercial zone opposite Iraq's Zurbatiyah, a move officials say could […]

Iraq and Uzbekistan Discuss Road Transport Agreement

By John Lee. Iraq and Uzbekistan have held a virtual meeting to discuss a draft bilateral agreement on the regulation of road transport of passengers and goods. According to the Ministry of Transport, the session was convened by the General Company for Land Transport, in coordination with the Ministry of Foreign Affairs. Murtada al-Shahmani, director […]

EBRD and EU Boost Trade Finance in Iraq

By John Lee. A $25 million trade finance facility has been extended to Bank of Baghdad, one of Iraq's leading private-sector banks, under the European Bank for Reconstruction and Development (EBRD)'s Trade Facilitation Programme (TFP). According to the EBRD, the facility will support Bank of Baghdad in increasing its import and export transactions, expanding its […]

IBBC Delegation Meets Iraqi Agriculture Minister

By John Lee. A delegation from the Iraq Britain Business Council (IBBC), led by Jon Wilkes, has met with Agriculture Minister Abdul-Rahim Jassim in Baghdad to discuss cooperation in the agricultural sector. Company representatives at the meeting outlined their specialisations and expressed readiness to provide technical support to the ministry. Areas discussed included tissue culture, […]

NIC discusses Investment with Iraqi-French Business Council

By John Lee. A series of investment proposals covering smart cities, digital infrastructure, healthcare and tourism were discussed at a meeting between Iraq's National Investment Commission (NIC) and members of the Iraqi-French Business Council, along with representatives of companies Abraj Al-Maamura, Sawa and Enkidu. The meeting was chaired by Adel Dakhil Muhammad al-Yasiri, head of […]

New Siemens Energy Cooperation Deal for Iraq

By John Lee. Iraq's Ministry of Electricity and Siemens have signed a Principles of Cooperation Agreement on energy in Iraq, covering a fourth phase of collaboration between the two parties. The signing ceremony was attended by Prime Minister Ali al-Zaidi and German Chancellor Friedrich Merz. Al-Zaidi also met separately in Berlin with Siemens Chief Executive […]

Iraq-Germany Business Dialogue in Berlin

By John Lee. Prime Minister Ali al-Zaidi has attended a German-Iraqi business dialogue forum in Berlin, held under the theme "Economic Bridges for a Common Future", with the participation of German business leaders and representatives of major German companies. Al-Zaidi presented Iraq's investment map, covering sectors including energy, oil and petrochemical industries, phosphates, clean energy, […]