By John Lee. A new framework requiring importers to pay customs duties and estimated tax deposits in advance is to take effect in Iraq from 1 October 2026, according to a decision by the Council of Ministers. Under the new rules, importers will be required to deposit foreign transfer amounts for import purposes with authorised […]
By John Lee. Iraqi trucks operated by the General Company for Land Transport have completed the first journey under the TIR transit system from the Arar border crossing to the Inche Burun border crossing on the Iran-Turkmenistan border. According to the Ministry of Transport, the operation was coordinated with relevant government, border, and customs authorities […]
By Tala Michel Issa, for Arabian Business. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. DP World Eyes Iraq, Jordan and Turkey Trade through Syria's $800m Tartous Port Overhaul DP World sees Syria's Port of Tartous becoming a logistics gateway to Iraq, Jordan, […]
By John Lee. Iraq's ports recorded strong financial and commercial growth in 2025, according to an annual statistical report published by the Statistics and Geographic Information Systems Authority of the Ministry of Planning. Key indicators for the General Company for Ports of Iraq (GCPI) showed: Total revenues of IQD 1,100.7 billion ($840 million), up 20.5% […]
By John Lee. Operating hours at the Al Karameh / Terbil border crossing between Jordan and Iraq have been extended to accommodate rising land shipping traffic. According to Jordan's state-run Petra news agency, the Jordanian Ministry of Interior announced the change on Monday in coordination with official bodies at the crossing. Under the new schedule, […]
By John Lee. Gulftainer has launched its first dedicated feeder service linking the UAE and Umm Qasr, seventeen years after the company established Iraq's first modern container terminal at the port in 2009. According to Gulftainer, the new service is operated under the company's shipping arm, GT Lines, and connects Umm Qasr directly to UAE […]
By John Lee. Syria and the United Arab Emirates (UAE) have held talks on establishing a logistics corridor linking Syrian ports with Gulf markets via Iraq. According to the state-run Syrian Arab News Agency (SANA), Qutaiba Badawi, Chairman of Syria's General Authority for Land and Sea Ports, met a delegation that included UAE Chargé d'Affaires […]
By John Lee. A weekly shipping service has been launched linking Abu Dhabi's Khalifa Port with Umm Qasr Port in Iraq, aimed at enhancing trade flows across the region. According to Abu Dhabi Ports (AD Ports Group), the service addresses growing container and Ro-Ro cargo volumes and is designed to strengthen connectivity between Lebanon, Syria, […]
By John Lee. The TIR international road transit system became fully operational in Iraq on 1 April 2025, with transport companies opening seven routes via the country and completing more than 1,000 operations within the first eight months, according to the International Road Transport Union (IRU). Iraq subsequently made TIR mandatory for all goods transiting […]
By John Lee. According to Iraq's Ministry of Finance, the third phase of the ASYCUDA (Automated System for Customs Data) customs management system is set to be launched at the start of next month, following a progress review meeting chaired by Finance Minister Falah Sari on Wednesday. The meeting was attended by the Director General […]
By John Lee. US-based Amentum Services has been awarded a $11,519,840 contract for "T-6 sustainment and contractor logistics support." According to a statement from the US Department of War "This contract provides for 15 T-6A aircraft sustainment contract, including Supply Support, Field Service Representative, Labor and Engineering Task Assignments for a 90-day transition period and […]
By John Lee. Iraq's General Company for Road Transport, a subsidiary of the Ministry of Transport, has recorded more than 1,000 international freight journeys under the TIR (Transports Internationaux Routiers) system since the beginning of March 2026 through to 10 May, a development the company says reflects growing confidence in Iraq as an international transit […]
