Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Dubai’s overall exports and re-exports from the private sector to Iraq rose by more 350 percent to value $11.4bn in 2012, according to data from the Dubai Chamber. Trade with Libya was up by 300 percent, while trade with Turkey doubled. The Chamber’s director general, Hamad Buamim, said Dubai accounts for 75 […]
By John Lee. Minister of Foreign Affairs, Hoshyar Zebari, has received a copy of the credentials of new the Ambassador of the Republic of Italy, Mr. Massimo Marotti, at a ceremony on Sunday morning. During the meeting, they discussed the developing relations between the two countries and their people in all areas, and the Minister […]
By John Lee. The Chairman of the National Investment Commission (NIC), Dr. Sami al-Araji, has signed a strategic memorandum of cooperation with the chairman of the Korea Trade-Investment Promotion Agency (KOTRA), O Young Hu [Young Ho Oh], to increase investment and trade between the countries. During his speech, Dr al-Araji reviewed the investment opportunities available […]
By John Lee. Foreign Minister Hoshyar Zebari has met with the Ambassador of the People's Republic of China, Ni Jian. The two sides discussed the developing relations between the countries and ways of enhancing them . The Minister conveyed a letter from the Iraqi government to the Chinese Ambassador about the ongoing deliberations at the […]
By John Lee. Foreign Minister Hoshyar Zebari has received a copy of the credentials of the newly appointed Non-Resident Ambassador of Bosnia and Herzegovina, Darko Zelenka. During the ceremonies, Minister Zebari welcomed the Ambassador and stressed the Iraqi government's keenness on developing and relations and the Foreign Ministry's readiness to provide the needed support for […]
By John Lee. A member of parliament belonging to the Sadr Trend party has called for the abolition of the National Investment Commission (NIC). Abdul Hussein Risan al-Husseini, of Ahrar bloc of Sadr Trend, told All Iraqi News Agency (AIN): "The Commission is useless and some Ministers and officials admitted its failure to perform. "There […]
By John Lee. Minister of Foreign Affairs, Hoshyar Zebari, met with the U.S. Ambassador to Iraq, Robert Beecroft, at the Ministry's HQ on Tuesday. They discussed the Strategic Framework Agreement (SFA) and the debates at the UN Security Council to terminate the mandate of the Special Coordinator for missing Kuwaiti people and properties, and to remove […]
This week marks the 150th edition of our Iraq Business News newsletter, and we are delighted to mark the occasion by bringing you a major new guide to business in Iraq. Published by Allurentis, in association with Iraq's National Investment Commission (NIC) and UK Trade & Investment (UKTI), the fourth edition in the annual New […]
By John Lee. Iraqi troops have closed the only major border crossing with Jordan on Wednesday, after Sunni Muslim demonstrators blocked a highway to Syria and Jordan as part of mass protests against Shi'ite Prime Minister Nouri al-Maliki. The crossing at Traibil [Turaybeel, Tirbil, Tarbiel] (pictured) is in the Sunni province of Anbar, where protests […]
By John Lee. Iran's exports to Iraq totalled $4.59 billion during the last nine months, reports the country's IRNA news agency. The Iranian customs department announced at the beginning of last December that Iraq is "a pioneering state in importing Iranian commodities". Aswat al-Iraq reports that since the downfall of the previous regime in 2003, […]
Iraq is still considered Jordan's best market for exports ahead of Saudi Arabia, India and the United States, according to the Amman Chamber of Industry (ACI). According to ACI statistical report, Jordanian exports to Iraq by the end of November of last year reached JD813 million, accounting by 22 per cent of the Chamber's exports. […]
The U.S. Embassy to Iraq hosted a workshop at Iraq's Judicial Development Institute from December 17-20 on the role of judges in adjudicating disputes involving letters of credit. U.S. Federal Judge Jed S. Rakoff, representing the U.S. Department of Commerce’s Commercial Law Development Program (CLDP), led the workshop with the assistance of the Institute of […]
