EconomyIranIraq

Envoy: Iran 3rd Supplier of Iraq’s Needed Goods

 

Iraqi Trade Attaché in Iran Shaker Rawan Al-Daami underlined that Iran is one of the three main suppliers of products and goods to his country.

“Iran is the third provider of Iraq’s required commodities,” al-Daami said told reporters on Saturday.

The Iraqi envoy reiterated that China and Turkey stand on the first and second places in exports of goods to Iraq.

Al-Daami pointed to the status quo of Iran-Iraq relations, and said, “Cooperation between Iraq and Iran has resulted in good agreements between the two countries.”

He also referred to operation of Iranian banks in Iraq, and said, “Banking transactions have been facilitated by opening branches of a number of the Iranian banks in Iraq.”

He also said that Iraq will support the Iranian businessmen and will pave the way for foreign investment in Iraq.

In relevant remarks in late March, an Iranian provincial official announced that the value of Iran’s non-oil exports to Iraq exceeded $1 billion last year.

“A total of $1.028 billion of non-oil goods have been exported to Iraq in 2016,” Governor of Qasr-e-Shirin City Faramarz Akbari said.

Akbari said that the weight of the exported goods during the period hit 3.255 million tons and mainly included Portland cement, cakes and biscuits, tomato and tomato paste, watermelon, dairy products, construction materials, fruits and vegetables.

In relevant remarks in early January, Iraqi Deputy Trade Minister Walid Habib al-Helou voiced his country’s willingness to broaden trade and economic relations with Iran.

“The Iraqi government is willing to develop commercial and economic relations with Iran and cooperate with the Iranian firms to supply the Iraqi people with their needs,” al-Helou said in a meeting with Iranian counterpart Mojtaba Khosrotaj in Baghdad.

The Iraqi deputy trade minister reiterated that Iran is an influential state that has common borders with Iraq, and said, “The Iraqi government is seeking to bolster trade relations with Tehran.”

Al-Helou said that Iraq intended to promote good trade and economic ties with all neighboring countries, Iran in particular, adding, “During the meeting with the Iranian delegation we discussed bilateral issues in various areas between the two sides and in lines with their interests.”

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