Archive | Iraq Industry & Trade News

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

Iraq, Britain Form Joint Business Council

The Iraqi-British Joint ministerial Committee for Trade Cooperation held its first meeting in Baghdad on 12th February. The Iraqi side was headed by Foreign Minister Hoshyar Zebari, while the British side was headed by British Minister of State for Middle East Affairs, Alistair Burt, and attended by a number of senior officials and ministers from […]

Training on Management of Investment Zones

By John Lee. In collaboration with OECD and and National Investment Commission (NIC), a special two-day training course in the management of investment zones was held recently in Baghdad. On behalf of NIC chairman Dr. Sami Al-Araji, NIC advisor Dr. Abdullah Al-Bander welcomed participants representing several ministries, including Industry and Minerals, Communication, Finance and the […]

US-Sponsored Legal Training Helps the Vulnerable

The U.S. Embassy, through the U.S. Agency for International Development (USAID), hosted the Law School Legal Clinic Best Practices Training for six Iraqi law schools in Baghdad from February 5 - 7, 2013. USAID assists Iraqi law schools to integrate clinical legal education into their curricula and to establish legal aid clinics. These law school […]

Cooperation Between Kurdistan and Northern Ireland

Northern Ireland companies are being encouraged to take advantage of a bonanza of economic opportunities in the Middle East. Enterprise Minister Arlene Foster was speaking as she welcomed His Excellency Masoud Barzani, President of the Kurdistan Region of Iraq to Northern Ireland, on a two-day trade and investment visit organised by Invest NI. Minister Foster […]

First Germany-Kurdistan Economic Forum

Germany’s Federal Minister of Transport, Building, and Urban Development, Peter Ramsauer, led a business delegation to Erbil to meet Kurdistan Regional Government officials and participate in the first Germany-Kurdistan Region economic forum. The German delegation met Prime Minister Nechirvan Barzani, who thanked them for their willingness to be part of the Kurdistan Region’s development process. […]

Turkey Encourages Investment in Iraqi Kurdistan

By John Lee. A senior Turkish government official has told the Hürriyet Daily News that the Turkish government will continue to encourage Turkish energy companies to sign more agreements with the Kurdistan Regional Government, despite what it describes as Washington’s warnings not to take such steps as they risk partitioning the country. "These are steps […]

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Iraqi Oil-for-Food Lawsuit Collapses

By John Lee. An Iraqi lawsuit accusing more than 90 companies of conspiring with Saddam Hussein's regime to frustrate the United Nations'  program, and depriving Iraqis of roughly $10 billion of essential aid, has been dismissed by a court in New York. Reuters reports that U.S. District Judge Sidney Stein said the government of Iraq […]

Cotecna Appointed for Pre-Importation Inspection

By John Lee. Swiss company Cotecna has been officially appointed by the Iraqi Central Organization for Standardization and Quality Control (COSQC), to handle the implementation of a verification of conformity program for goods imported into Iraq. Based on article 3 (clause 8) of Iraqi law n°54 of 1979, COSQC has been empowered by the Iraqi […]

Iraqi Kurdistan Considers Lebanese Trade Ties

By John Lee. A business delegation from Iraqi Kurdistan considered strengthening economic ties with Lebanon’s second-biggest city Tripoli. “Iraqi Kurdistan is seeing an economic boom and we hope that Lebanese businessmen continue to benefit from facilities offered by the regional government,” head of the Tripoli Chamber of Commerce Tawfik Daboussi said. Former Iraqi Trade Minister […]

New Sri Lankan Ambassador to Iraq

By John Lee. Foreign Minister Hoshyar Zebari has received the credentials of Mr. Somit Nakindla the new Ambassador accredited to the Republic of Sri Lanka in Iraq. The Minister welcomed the guest and stressed the importance of developing and relations between the two countries, and expressed the ministry's readiness to provide support for the success […]