Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. As the world discusses the legacy of the Iraq war on the 10 year anniversary of the US-led invasion, one group that appears to have clearly benefited from the conflict is Iraq's […]
By Matthew Gayle. The Iraqi government has signed a memorandum of understanding (MoU) with Romanian railcar producer Astra to establish a joint railway company based in Iraq. According to Al-Shorfa, the Iraqi-Romanian company, which will specialize in producing trains, will be based in al-Samawa, southern Iraq. The company will also focus on rehabilitating the train […]
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A decade after war and the toppling of dictator Saddam Hussein, Iraq's Kurdistan is experiencing a construction and economic boom: (Source: Jewish News One)
Minister Falah Mustafa received the new Polish Consul, Mr Roman Jerzy Chalaczkiewicz, to the Kurdistan Region yesterday. The new consul has previously served as ambassador to Iraq (1997-2002) and in other countries in the Middle East, including United Arab Emirates. The assignment of the new consul follows the inauguration of their consulate in June last […]
By Matthew Gayle. The government of Iraq has requested that Sri Lanka appoint a trade attache to the Lankan embassy in Baghdad before the two governments joint committee meeting that is to be held three months from now. According to the Sri Lankan Daily Mirror, the Iraqi Ammbassador in Sri Lanka, Kahtan Taha Khalaf (pictured), […]
Italy’s new ambassador to Iraq last week visited the Kurdistan Region for the first time and met President Masoud Barzani. He came with a delegation from SACE, Italy’s export credit and project finance agency. President Barzani and Ambassador Massimo Marroti, who arrived from Baghad, discussed bilateral relations and explored ways to further strengthen ties. Their […]
By Saleh Elias. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. An old Mosul mechanic is shocking locals by restoring scrapped, vintage cars and making lots of money. The aging mechanic even talks to the vehicles to […]
By Matthew Gayle. According to Lanka Business Online, approximately 100 containers of Ceylon tea from Sri Lanka started arriving in Iraq two weeks after a meeting between trade and commerce ministers from both countries. The containers, worth an estimated $13 million, were detained at the Iraq-Kuwait border, Aqaba Free Trade Zone of Jordan, and Umm […]
The governments of the United States of America and the Republic of Iraq reaffirmed today at the inaugural meeting of the Trade and Finance Joint Coordination Committee in Baghdad their commitment under the Strategic Framework Agreement to increasing bilateral trade and U.S. investment in Iraq. The goal of the Trade and Finance Joint Coordination Committee […]
Spain's Ambassador to Iraq yesterday presented the Head of the KRG's Department of Foreign Relations with the document naming Mr Dawood Jaff as Spain's Honorary Consul to the Kurdistan Region. Ambassador José Turpin visited Erbil to present the exequatur to Minister Falah Mustafa. Minister Mustafa stated: "This is an important step forward and we believe […]
By John Lee. Foreign Minister Hoshyar Zebari has met the Head of the Political Department at the Swedish Foreign Ministry, Bjorn Lerval, and the Swedish Ambassador to Iraq, Jörgen Lindström. During the meeting, the two sides discussed relations between the countries in addition to promoting the conditions of the Iraqi community in the Kingdom of […]
The United States and Iraq today announced that the bilateral United States-Iraq Trade and Investment Framework Agreement (TIFA), first negotiated in 2005, is likely to enter into force later this year, providing a bilateral forum devoted to fostering greater trade and investment between our two countries. The announcement follows the Iraq Council of Representatives’ recent […]
