Archive | Iraq Industry & Trade News

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

Iraq's WTO Accession: Goods Offer File Updated

By John Lee. Iraq's Ministry of Trade has begun updating its Initial Goods Offer file as part of the technical requirements for the country's accession to the World Trade Organization (WTO). The work is being carried out by the Goods Trade Committee, a technical sub-committee of the national committee overseeing WTO accession, in coordination with […]

German-Funded Clothing Factory Reopens in Mosul

By John Lee. A clothing factory in Mosul has reopened following rehabilitation and a return to full production. The Waladi clothing workshop, part of the Ready-Made Garments Factory in Mosul and affiliated with the General Company for Textile and Leather Industries, was refurbished with funding from Germany's KfW (Kreditanstalt für Wiederaufbau, German Development Bank) and […]

Iraq PM Invited to Tokyo, Courts Japanese Firms

By John Lee. Prime Minister Ali al-Zaidi has received a formal invitation from Japanese Prime Minister Sanae Takaichi to visit Tokyo. The invitation was conveyed by Japan's Ambassador to Iraq, Akiro Endo, during a meeting at the Prime Minister's office. Al-Zaidi welcomed the invitation and affirmed the importance of Iraq-Japan relations, according to the Prime […]

Apple Officially Registered as Digital Platform Provider in Iraq

By John Lee. US tech giant Apple has been officially registered as an accredited digital platform provider in Iraq, following completion of all requirements under the country's regulatory framework for digital platforms and services. According to the Communications and Media Commission (CMC), the accreditation covers Apple's App Store, Apple Music, Apple Podcasts, Apple Arcade, and Apple […]

Iraq-South Korea Joint Committee Meeting

By John Lee. A preparatory meeting has been held for the Iraqi side of the tenth session of the Iraqi-South Korean Joint Committee. The meeting was chaired by Shoorsh Khalid Saeed, Deputy Minister of Foreign Affairs for Legal and Multilateral Affairs, with participation from representatives of relevant ministries and sectoral bodies, the Iraqi Embassy in […]

Iraq Wins Int'l Legal Cases Worth $26bn in 4 Years

By John Lee. Iraq has won 32 international legal cases on behalf of the Iraqi state over the past four years, saving the public treasury around $26 billion - an achievement described as the largest such result since the 1990s. According to the Ministry of Justice, the total value of funds secured for the treasury […]

Iraq Sets 10-Day Audit Window for Large Govt Contracts

By John Lee. Iraq's Council of Ministers (Cabinet) has set a 10-working-day limit for the audit of strategic, urgent, and high-value government contracts in Iraq. According to the Prime Minister's Office (PMO), the rule applies to contracts exceeding IQD 1 billion (USD 763,000), with the Federal Board of Supreme Audit (FBSA) retaining its authority to […]

Iraq-Egypt-Jordan Talks Focus on Energy and Pipeline Projects

By John Lee. Iraq's Foreign Minister Fuad Hussein held a series of bilateral and trilateral meetings in Amman on Wednesday on the sidelines of the Arab Ministerial Meeting on Jerusalem, covering energy cooperation, joint projects, and regional security issues. According to the Ministry of Foreign Affairs, the talks included separate meetings with the foreign ministers […]