By John Lee. Iran risks losing market share in Iraq unless it modernises its commercial systems and improves data-driven planning, according to the Tehran Times. Yahya Al-e-Eshaq, head of the Iran-Iraq Joint Chamber of Commerce, is quoted as saying that formal bilateral trade reached $12 billion last year, rising to nearly $15 billion when informal […]
From Tasnim, under a Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The chairman of the Iran-Iraq Joint Chamber of Commerce said that Iran and Iraq enjoy the capacity to boost annual bilateral trade to $30 billion. Yahya Al-e Es'hagh made […]
From Tasnim, under a Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The secretary general of the Iran-Iraq Joint Chamber of Commerce stressed the need to launch a Preferential Trade Agreement (PTA) between the two countries in line with boosting trade […]
From Tasnim, under a Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran's Exports to Iraq to Hit $12 Billion by Yearend: Secretary General Iran's exports to Iraq in the first five months of the current Iranian calendar year rose by […]
From Tasnim, under Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. No Problems in Way of Financial Exchanges between Iran, Iraq: Official There are no problems in the way of financial exchanges between Iran and Iraq, an Iranian official said. Chairman […]
From Tasnim, under Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. An Iranian official confirmed that the Iraqi government has released all of Tehran's frozen assets, amounting to $10 billion worth of energy debts. The funds have been deposited into an […]
Iraq to Pay Debts to Iran within 3-5 Months: Official The Chairman of the Iran-Iraq Joint Chamber of Commerce said the debt Iraq owes to Iran for import of energy will be paid within the next three to five months. "We have found several solutions to receive our debt from the Central Bank of Iraq, […]
A member of the board of directors of Iran-Iraq Joint Chamber of Commerce said that the export of Iranian products to neighboring Iraq is expected to surpass $9 billion. Currently, the situation surrounding Iran's exports to Iraq is satisfactory, Hamid Hosseini said, expecting that Iran's exports to neighboring Iraq will exceed $9 billion in the […]
US Allows Iraq to Release $500 Million in Iran's Blocked Assets The United States has allowed Iraq to release the Iranian blocked assets worth $500 million due to sanctions relief, an Iranian official said. The US has mandated Iraq to release $500 million in Iranian blocked assets, the secretary-general of Iran-Iraq Joint Chamber of Commerce […]
The secretary-general of the Iran-Iraq Joint Chamber of Commerce expressed confidence that recent unrest in the Arab country would not negatively affect the trade relations between the two neighbors. “Naturally, given the shortage of facilities in Iraq and the discontent that exists among its people, we occasionally see such unrest in the country,” Seyed Hamid […]
