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From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iran has been holding nationwide parades to commemorate the anniversary of the 1980 war with Iraq. Every year, the event is used to highlight the latest advances in military technology. Al Jazeera's Reza […]
By John Lee. BasNews reports that the Kurdistan Workers' Party (PKK) is planning to extract crude oil in the border areas it controls in the Kurdistan Region and transport it to Iran by truck. According to some local sources, a PKK team is building a new 5-km road across the border areas of Kurdistan Region […]
By Mustafa Saadoun for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. What's next for Baghdad-Tehran ties as last MEK members leave Iraq? On Sept. 10, commenting on the news that the last batch of Iranian dissidents affiliated with the Mujahedeen-e-Khalq […]
By John Lee. Iraq would reportedly consider selling crude through Iran if talks with Iraqi Kurdistan on an oil revenue-sharing agreement fail. Deputy Oil Minister Fayadh al-Nema told Reuters that Iraq's State Oil Marketing Organisation (SOMO) plans to hold talks with the Kurdish Regional Government (KRG), possibly this week. He said "If the negotiations come […]
By Simon Kent. New Iraqi Oil Minister Jabar Ali al-Luaibi has said he wants to work to increase Iraq's oil reserve estimates and increase exports while working with OPEC on quotas, which currently stand at 14% of OPEC production for Iraq. Luaibi noted, "We will work to draw up stable policies and work to achieve […]
By Simon Kent. Iran is to start exporting gas to Iraq from the South Pars field after a year long delay, Bloomberg reports. The shipments will begin at 7 million cubic meters a day for power generation in Baghdad. Another export route is planned for 2017, which will serve Basra, totaling 70 million cubic meters a day […]
Iran Should Grab More Share of Iraq’s Foreign Trade: Official Iran’s share of neighboring Iraq’s annual foreign trade is totally inadequate, an Iranian official deplored, saying China and Turkey have overtaken Iran in exports to Iraq. Chairman of Iran-Iraq joint chamber of commerce, Yahya Al-e Eshaq, said Iraq’s market has a capacity of $190 billion […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Why some Iraqi Shiites are pushing for Distance from Iran Iraq’s Shiites are witnessing a political-religious rift in their stance toward Iran whose development can be traced back to 2003. While some express complete […]
Iranian Foreign Minister Mohammad Javad Zarif vowed the country’s continued support for the Iraqi nation, saying that Tehran will never hesitate to stand by Baghdad in the fight against foreign-backed terrorists. “The Islamic Republic of Iran will side with the Iraqi people and government until the complete elimination of terrorists,” Zarif said at a Sunday […]
By John Lee. Camp Liberty, which houses Iranian dissidents near Baghdad Airport, was shelled on Monday, wounding more than 40 residents, according to a report from Reuters. The camp houses members of the opposition People's Mujahideen Organisation of Iran (PMOI), which said it suspected "Iraqi groups affiliated with the Iranian" government were responsible for the […]
Campaign to save Iraq's historic marshes gathers pace Iraq’s historic Southern marshes, a spectacularly beautiful haven that brimmed with wildlife, was a jewel in Iraq’s crown. Now it faces permanent extinction, the victim of a man-made campaign to destroy it and the way of life of its indigenous people. AMAR came into being at the […]
Kurdistan Region Prime Minister Nechirvan Barzani has received a high-ranking delegation from the Islamic Republic of Iran. The two sides discussed the recent security development in the region, particularly on the border between the Kurdistan Region and the Islamic Republic of Iran. Prime Minister Barzani expressed his deep concern regarding recent events especially the shelling […]
