EghtesadOnline: The US dollar has been completely eliminated from trade deals conducted between Iran and Iraq due to US sanctions and the neighboring countries have shifted toward the euro and national currencies, the head of Iran-Iraq Chamber of Commerce said.
EghtesadOnline: As per an agreement between Iranian and Iraqi customs officials, 12 Iranian commodities exported to the neighboring country will be exempt from Iraqi standards control inspections, the head of the Institute of Standards and Industrial Research of Iran said.
EghtesadOnline: Iran was the third biggest trading partner of Iraq in 2016.
EghtesadOnline: Iranian officials reached agreements with the head of Iraq’s General Customs Authority, Munther Abdul Amir Asad Haider, on issues hindering bilateral trade.
EghtesadOnline: The head of Iran-Iraq Chamber of Commerce believes that the establishment of a joint bank could considerably facilitate bilateral trade between the two allies, in view of the significant volume of exports from Iran to its neighboring country.
EghtesadOnline: Iran has plans to increase the annual economic cooperation with Iraq to $20 billion, according to Saeed Ohadi, the secretary of Iran-Iraq Economic Cooperation Headquarters.
EghtesadOnline: Iran's private sector activities in Iraq should be expanded in order to boost the economic relations between the two countries, the Iranian envoy to Baghdad said.
EghtesadOnline: Iran exported more than $3 billion worth of commodities to the neighboring Iraq during the six months to Sept. 22, Hamid Hosseini, secretary-general of Iran-Iraq Chamber of Commerce, said.
EghtesadOnline: Secretary of Iran-Iraq Chamber of Commerce said on Monday that all of the Iran-Iraq border points and customs offices are open except the Siranband border crossing in Kordestan Province western Iran.
EghtesadOnline: Iranian trade attaché in Baghdad said Iraq has considerably increased the volume of its non-oil imports from Iran.