The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
By Bruce Riedel, Brookings Institution. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. What Iran's Revolution meant for Iraq The collapse of the shah's government in Iran in early 1979 impacted the entire world but no country was more affected than Iraq. Saddam Hussein's […]
By John Lee. Iraq has been ranked last out of 153 countries in this year's Good Country Index, placing it just behind Libya and Yemen. Iran was ranked 138th. The idea of the Good Country Index to measure what each country on earth contributes to the common good of humanity, and what it takes away, […]
By John Lee. The UK's foreign office minister for the Middle East has reportedly said that Iraq must wean itself off economic reliance on Iran and become more energy self-sufficient. On a visit to Iraq on Sunday, Alistair Burt (pictured) told Reuters: “To expect Iran to have no influence in Iraq is fanciful ... What […]
By John Lee. The US Army has published a report on its 2003 invasion of Iraq, and subsequent developments until the withdrawal of troops, claiming that Iran was the only real winner of the operation. "The U.S. Army in the Iraq War" was released Thursday in two volumes entitled "Invasion and Insurgency—Civil War, 2003-2006" and […]
Iranian Foreign Minister Mohammad Javad Zarif met a group of Iraqi tribal leaders from south of the country in the holy city of Karbala. During the last leg of his meetings with Iraqi officials, elites and representatives of Iraqi society from various ethnicities and regions, Zarif sat for talks with the tribal leaders and clans’ […]
Iranian Foreign Minister Mohammad Javad Zarif, who is on an official visit to Iraq, highlighted the positive outcomes of the Iran-Iraq Joint Trade Conference in Baghdad and said the doubling of the bilateral trade “is on the horizon”. “Today, I, accompanied by 6 Iraqi ministers, addressed hundreds of participants at the Iran-Iraq Joint Trade Conference; […]
Iran’s Foreign Minister Mohammad Javad Zarif said the fact that each year, 7 million Iraqis and Iranians visit each other’s country is a sign of the two neighboring countries’ close ties. Speaking at a meeting with Iraqi Parliament Speaker Mohammed Al-Halbousi in Baghdad on Monday, attended by the chairmen of the Iraqi parliamentary factions, Zarif […]
From The Economist. America is trying to get more out of its relationship with Iraq US President Donald Trump thinks America is being ripped off. “We have spent $7trn—trillion with a T—$7trn in the Middle East,” he told a crowd last year, exaggerating slightly. “You know what we have for it? Nothing. Nothing.” To right […]
By Salam Zidane for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. Iran pushes Iraq to maintain trade without US dollar Iran is exerting considerable pressure on the Iraqi government to compel it not to abide by the US sanctions that have […]
By John Lee. Iraq's Minister of Foreign Affairs, Mohamed Ali Alhakim [Mohammed Ali al-Hakim] (pictured) has been quoted as saying that Iraq is not obliged to abide by US sanctions against Iran. According to Rudaw, he told journalists on Wednesday: "These sanctions, the siege, or what is called the embargo, these are unilateral, not international. We […]
The secretary general of Iran-Iraq joint chamber of commerce highlighted an upward trend in the export of Iranian products to Iraq. In a meeting with Iranian and Iraqi trade delegations, Hamid Hosseini pointed to a growing trend in Iran’s exports to the Arab country, saying its daily value stands at $45 million and sometimes reaches […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. There is a fight over energy in Iraq between the US and Iran. Iraq relies on Iranian gas for nearly half of its energy - gas that is now subject to US sanctions […]
