Archive | Iraq Industry & Trade News

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

Kurdistan and South Korea Cement Relations

Minister Falah Mustafa, the KRG's Head of Foreign Relations, met with Mr Tae-In Chung, the Deputy Director General for the African and Middle Eastern Affairs Bureau of the Ministry of Foreign Affairs and Trade of South Korea to discuss bilateral ties. Both sides discussed areas of cooperation in political, economic, and cultural fields between Kurdistan […]

Diplomats in Erbil Reflect on 2012  

Minister Falah Mustafa Bakir, the Head of the Department of Foreign Relations, on Sunday hosted a meeting with the diplomatic corps and other foreign representatives to reflect on and discuss key events in 2012. Minister Bakir reflected on the growing diplomatic presence in Kurdistan as a testament of its successful outreach policy with the international […]

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Iraq Approves Private Free-Zone near Baghdad

By John Lee. Mawtani reports that the Iraqi government has approved the construction of a private free-trade zone south of Baghdad. Sabah al-Qaisi (pictured), the chairman of the Ministry of Finance's General Commission for Free Zones, told Mawtani: "[The Ministry of Finance's General Commission for Free Zones] approved two requests submitted by a group of local […]

Bulgaria to Open Iraqi Embassy in January

By John Lee. Bulgaria has pledged to open an embassy in Iraq in January, according to a report from Novinite. In an interview for the Bulgarian National Radio, senior Iraqi parlamentarian Humam Hamoudi said that Iraq and Bulgaria need to boost bilateral relations. He added: "Iraq is very interested in Bulgaria's experience in the health sector, […]

Iraqi Kurdistan Trade Mission - 24 Feb to 1 March 2013

The UK's Middle East Association (MEA), in partnership with the Kurdistan Regional Government, will be leading a Trade Delegation to Iraqi Kurdistan from 24th February to 1st March 2013, visiting Erbil and Duhok. The Kurdistan region remains one of the MEA’s major success stories. In October we took another large UK trade delegation to the […]

Kurdistan Calls for Jordanian Industrial Zone

By John Lee. The Kurdistan Regional Government (KRG) has suggested establishing a special area for Jordanian industries in the region. Aswat al-Iraq reports that during the visit of 42 Jordanian businessmen and exporters, discussions were held to enhance private sector trade relations. The visit was organized by Jordanian Capital Bank, the fourth in Jordan, with […]

Iraq - US Cultural and Educational Cooperation JCC

Joint Statement of the Iraq - U.S. Cultural and Educational Cooperation Joint Coordination Committee Pursuant to the 2008 Strategic Framework Agreement (SFA) between the United States of America and the Republic of Iraq, the third meeting of the Iraq-U.S. Cultural and Educational Cooperation Joint Coordination Committee (JCC) convened in Baghdad on December 17, 2012. The […]

Brazilian Delegation Visits Iraq

By John Lee. A Brazilian delegation headed by Undersecretary of the Brazilian Foreign Ministry Mr. Paulo Cordeiro de Andrade Pinto visited Iraq from 15th to 18th December. The delegation met with both the Foreign Minister, Mr. Hoshyar Zebari, and the Trade Minister, Mr. Khairallah Babiker. The delegation held meetings for the period from 16 - […]

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Iraq Takes Delivery of C-130J Super Hercules

Lockheed Martin has delivered a C-130J Super Hercules to the Iraqi Air Force at a formal ceremony this week. This is one of the initial three aircraft of a total of six C-130Js ordered by Iraq. The other two of these initial three aircraft departed yesterday for Iraq. The remaining three C-130Js will be delivered […]

Iran to Boost Exports to Iraq to $12bn

Iran's Ambassador to Iraq, Hassan Danaeifar, says Tehran plans to export $12 billion worth of goods to Iraq by the end the current Persian calendar year (ending March 20, 2013), up from around $11 billion last year. "Iraq's free economy has created a competitive atmosphere for exporters from all over the world. Iranian cooperatives should […]

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Basra’s Governor Meets US Businessmen

By John Lee. The governor of the southern Province of Basra, Khalaf Abdulsamad [Dr. Khalaf Abdul-Samad Khalaf] (pictured), is visiting the U.S. this week for talks with American firms considering investing in Iraq. At a private luncheon hosted today by the Bilateral US-Arab Chamber of Commerce in cooperation with the United States’ Departments of State […]

KRG Investment Board Chair visits Austria, Slovakia

Austrian companies in Vienna heard about the investment and trade opportunities in the Kurdistan Region, at the first business lunch to be jointly hosted by the Kurdistan Regional Government Austrian Representation and the Austrian Federal Chamber of Commerce. The guest of honour was Chairman of the Kurdistan Investment Board Minister Herish Muharam, who on the […]