The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq and Iran are neighbours: Around $25m worth of Iranian goods enter Iraq every day. But a US deadline that allows Iraq to trade with Iran is set to expire in three months, […]
By Peter Schwartzstein, for National Geographic. Iranian border guards have started scores of blazes along their shared frontier to clear their lines of sight along key cross-border smuggling routes. Turkish airstrikes on militant camps have reduced tracts of forest to cinder. Across the bone-dry mountains and flatlands, a potent combination of illegal logging and naturally […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. With the economy in Iran suffering from US sanctions, many Iranian Kurds are crossing the border to find work in Kurdish Iraq, a semiautonomous region in the northern part of the neighbouring country. […]
By John Lee. Iran has reportedly reassured Iraq that there will be freedom of international maritime navigation in the Strait of Hormuz. Iranian President Hassan Rouhani (pictured) gave the reassurances to an Iraqi delegation visiting Tehran. (Source: Reuters)
On Thursday, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two militia figures, Rayan al-Kildani and Waad Qado, and two former Iraqi governors, Nawfal Hammadi al-Sultan and Ahmed al-Jubouri, pursuant to Executive Order (E.O.) 13818, which builds upon and implements the Global Magnitsky Human Rights Accountability Act and targets perpetrators […]
By John Lee. Iran’s gas and electricity exports to Iraq are reportedy expected to reach $5 billion by the end of the current Iranian calendar year, which ends on March 21, 2020. Mehr news agency quotes the Secretary General of Iran-Iraq Joint Chamber, Seyed Hamid Hosseini, as saying that if Iraq agrees it is possible […]
By Robbie Gramer, for Foreign Policy. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Pompeo Seeks to Make Baghdad Embassy Pullout Permanent, Officials Say In May, Secretary of State Mike Pompeo ordered a partial evacuation of diplomats from the U.S. Embassy in Iraq […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iran grants additional visas to Iraqis to boost its economy In light of the US sanctions and the exit of foreign companies from Iran, Tehran is seeking to boost its income and […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Slow progress is being made to rebuild the ruined city of Mosul in northern Iraq. It is two years since the Iraqi army, with a United States-led coalition and Iran-backed Shia militias, drove […]
By John Lee. Iraq is ready to give 190 investment projects to Iranian investors, according to a report from Iran's Mehr News. It attributes the statement to Iraqi industry minister Saleh Abdullah al-Jubouri (pictured), at a meeting with members of the Isfahan Chamber of Commerce on Wednesday. He is said to have added that the […]
By Fehim Tastekin for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Turkish exporters are reeling from an unprecedented blow in trade with Iraq that has splashed cold water on Ankara’s hopes to launch a second border crossing with its southern neighbor and boost bilateral trade […]
Defense Minister of Iran Brigadier General Amir Hatami called for the expansion of military and defense ties between Tehran and Baghdad, describing support for Iraq as a principled policy of the Islamic Republic. In a telephone conversation with his new Iraqi counterpart, General Hatami congratulated Najah Hassan Ali Al-Shammari on taking the post. Hailing Iraq […]
