Archive | Iraq Industry & Trade News

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

Lord Green Visits IBBC’s Basra Office

The United Kingdom’s Trade Minister Lord Green met with local business leaders, British company executives, as well as the Iraq Britain Business Council representatives in Basrah today (23rd). The hour long meeting focussed on the security environment in Basrah and business opportunities for British companies in the region. Executives from IBBC member firms Mott Macdonald […]

Iraqi Ministers Attend Arab Development Summit

By John Lee. Prince Salman bin Abdul Aziz opened the Arab Summit of Economic and Social Development in the presence of Arab kings and presidents in Riyadh on Monday. His Excellency the Vice President, Dr. Khudair Khuzaie presided the delegation of the Republic of Iraq to this summit. The delegation included the Minister of Foreign […]

Pres Barzani Hosts Annual Diplomatic Corps Mtg

President of Iraqi Kurdistan, Masoud Barzani, hosted foreign diplomats and representatives of international organizations based in Erbil last week to discuss the latest political and economic developments in Kurdistan and in Iraq and to reflect on 2012. The annual gathering, attended by Minister Falah Mustafa Bakir, Head of KRG Department of Foreign Relations, touched on […]

Shimadzu Sells X-ray Equipment to Iraq

By John Lee. Japanese precision equipment maker Shimadzu has won ¥1.5-billion ($17-million) worth of contracts from the Iraqi government. Japan Times reports that the machines — 106 for stomach X-rays and 27 for chest examinations — will be installed at public hospitals in Iraq from February. With the country expected to build new hospitals and […]

Foreign Minister Meets Swedish Ambassador

By John Lee. Foreign Minister Hoshyar Zebari met the Swedish Ambassador to Iraq, Mr. Jörgen Lindström, in the Ministry buildings on Thursday. During the meeting they discussed economic and commercial relations and the mutual visits between officials of the two countries. They also discussed the Syrian crisis and the situation of Syrian refugees in neighboring […]

Tags: ,

US Top Priority: Expand Investment and Commercial Ties with Iraq

By Stephen Beecroft, US Ambassador to Iraq. Last month marked the one-year anniversary of the U.S. military withdrawal from Iraq and the beginning of a new chapter in our bilateral relationship. Over the past year, Iraq has assumed an increasingly prominent place in the region politically and economically. For example, Iraq hosted an Arab League […]

DPM Discusses Investment with Australian Ambassador

By John Lee. The Deputy Prime Minister, Salih al-Mutleg [Saleh Al-Mutlaq], hosted the Australian Ambassador to Iraq, Lyndall Sachs (pictured), at his office in Baghdad. AIN reports that the two sides discussed encouraging Australian investment companies to work in industrial, agricultural and humanitarian development fields. The Ambassador said her country was ready to offer all support […]

Tags:

Dubai Private Sector Trade with Iraq Soars

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 […]

New Italian Ambassador to Iraq

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 […]

Tags: ,

Iraq Signs Memorandum of Cooperation with S. Korea

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 […]

Foreign Minister Meets Chinese Ambassador

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 […]