Tag Archives | China

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Chinese Companies to build "Science City" near Mosul

By John Lee. Zawya has reported that Chinese companies will build a major new "Science City" near the Iraqi city of Mosul. It says the deal was finalised under a landmark oil-for-projects agreement signed in 2019. The project involves the University of Alhamdaniya [Al-Hamdaniya], but the Chinese companies have not been named. (Source: Zawya)

Iraq Failing to Protect Intellectual Property Rights

By John Lee. The United States has criticised Iraq, among other countries, for its failure to protect intellectual property rights. In its recently-published 2022 Special 301 Report, the United States Trade Representative (USTR) says stakeholders continue to report notable levels of piracy through Illicit Streaming Devices (ISDs) and illicit Internet Protocol Television (IPTV) apps in […]

Chinese Firm discusses Rehabilitation of Nasiriyah Airport

By John Lee. A meeting has been held with the China State Construction Engineering Corporation (CSCEC) to discuss the the first steps in the rehabilitation of Nasiriyah International Airport. The company signed a contract for the project with the Iraqi Civil Aviation Authority (ICAA) in June 2021. According to Al Sabaah, he meeting was attended […]

China's Huawei working on e-Governance in Iraq

By John Lee. The Secretary-General of the Council of Ministers, Dr. Hamid Naim Al-Ghazi, with representatives of China's Huawei, have discussed the process of developing the e-governance and automation project. The comprehensive digital transformation project is intended to reduce paperwork in government institutions. Dr Al-Ghazi confirmed that the e-governance project has reached "advanced stages", and […]

Chinese SUV brand to Enter Iraqi Market

By John Lee. Chinese automobile brand Exeed is reportedly planning to enter the Iraqi market later this year. According to Zawya, two of Iraq's leading car dealers are currently in talks with the automaker. The brand was introduced by China's Chery Automobile in 2018. (Source: Zawya)

Najaf launches Chinese-Funded Schools Project

By John Lee. Work has started on the construction of 40 new schools in Najaf, as part of the Chinese-funded plan to build 1,000 schools across the country. The schools will be built by the Power Construction Corporation of China (PowerChina). The Secretary-General of the Council of Ministers, the Minister of Education and the Governor […]

Lebanese Firm takes Arbitration Case against Iraq

By John Lee. Lebanese company Primesouth International Offshore has commenced arbitration proceedings against Iraq at the International Centre for Settlement of Investment Disputes (ICSID). Details of the dispute have not been released, but in 2020 the company was reported to have signed a two-year contract, along with China CAMC Engineering Co (CAMCE), to install 640 […]

Iraq Refuses to Condemn Russian Invasion of Ukraine

By Shelly Kittleson for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Militias support Russian invasion as Iraq refuses to condemn Iraq has aligned with China and Iran in abstaining from a UN General Assembly resolution condemning Russia's invasion of Ukraine. […]

Iraq to Open New Consulates Abroad

By John Lee. At its regular meeting the Iraqi Cabinet approved the recommendation of the Ministry of Foreign Affairs to open consulates in the Iranian city of Isfahan; in Melbourne, Australia; and the Irish capital, Dublin. A Cabinet statement added that Iraq "reserves its right to open an Iraqi consulate general in the People's Republic […]

Iraq was Largest Beneficiary of China's Belt & Road in 2021

By John Lee. Iraq was the largest beneficiary from China's Belt and Road Initiative (BRI) in 2021, according to a study by the Green Finance & Development Center, at Shanghai's Fudan University. It says the country with the highest construction volume was Iraq, with about $10.5 billion, followed by Serbia (about $6.8 billion) and Indonesia […]

China "Tightens its Grip on Iraq" with 3 Major Oil Deals

Writing in Oil Price, Simon Watkins says that China has continued to press home the geopolitical advantage given to it in Iraq following the official end of the U.S.'s 'combat mission' in the country with the conclusion of three huge deals, all focused on the oil sector. Click here to read the full article.