Border trade resumed between Iran, Iraqi KurdistanIran and Iraq’s Kurdistan region resumed trade via land border, which had been stopped for several weeks due to the coronavirus outbreak,.
Iran's Trade Surplus With Iraq Surpasses $380m in 1 MonthIran traded 944,845 tons of non-oil commodities worth $394.23 million with Iraq during the first Iranian month (March 21-April 20) to register a 2.8% decline in tonnage and 0.07% growth in value compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.
Food Accounts for 8 percent of Iran's Non-Oil Export ValueI ran’s food industry accounts for 2% and 8% of the weight and value of the country’s non-oil exports respectively.
Progress in Financing Wheat Deal With Russia, KazakhstanIran, Russia and Kazakhstan are making progress on financing a long-delayed wheat deal that could double or triple export to Iran, the secretary general of Iran’s Federation of Food Industry Associations said.
Iran, Iraq set up payment mechanism to facilitate tradeCentral banks of Iran and Iraq reached an agreement to set up a payment mechanism to facilitate banking ties between the two countries, the portal of Central Bank of Iran (CBI) reported.
Iran's non-oil exports to Iraq outstrips TurkeyThe secretary-general of the Iran-Iraq Chamber of Commerce Seyyed Hamid Hosseini says volume of Iran's non-oil exports to Iraq was close to $ 9 billion in 2018, so Iran surpassed Turkey and Iraq became the first Iranian export market.
Iran’s exports to Iraq ups 55 percent An Iranian trade official says that Iran exported 6.4 billion dollars of commodities to Iraq during the first eight months of the current Iranian year (beginning on March 21), indicating a 55 percent of growth.
Iran’s exports to Iraq rises up by 45 percent in H1Statistics indicate that Iran’s export of products to the neighboring Iraq in the first half of the current Iranian calendar year (March 21-Sept. 21) has increased by some 45 percent.
Iraq to Seek US Exemptions on Anti-Iran SanctionsIraq’s economy is so closely linked to Iran’s that Baghdad intends to ask Washington for permission to ignore some US sanctions on its neighbor, Iraqi government and central bank officials said.
Time to Resume Garlic Exports to IraqIraq’s Agriculture Ministry had banned the import of Iranian garlic in 2015, which has now been lifted, said Iran’s commercial attaché to Iraq, Nasser Behzad, adding that it’s time to resume exports.
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