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  • EghtesadOnline: The United States on Tuesday moved to let Iraq pay Iran for electricity via non-Iraqi banks, a US official said, a step Washington hopes may keep Tehran from forcing unpopular power cuts during the sweltering Iraqi summer.

  • EghtesadOnline: Iraqi Health Minister Salih Al-Hasnawi signed on Saturday a memorandum of understanding for health cooperation with his Iranian counterpart Bahram Einollahi.

  • EghtesadOnline: The Iraqi Republic Railways Company and its Iranian counterpart signed a memorandum of understanding (MoU) on Sunday, outlining executive procedures for establishing a rail connection between the two countries.

  • EghtesadOnline: Miad Salehi, the CEO of the Islamic Republic of Iran Railways, has announced that Iran and Iraq have agreed to resume the construction of the Shalamcheh-Basra railroad and relaunch the Tehran-Karbala rail project.

  • EghtesadOnline: A total of 75,972 tons of foreign goods were transited from the Mehran Border Terminal, located in Ilam Province along Iran’s border with Iraq, during the first eight months of the current Iranian year (March 21-Nov. 21), registering a 55% rise compared with the corresponding period of last year, according to Zahedin Cheshmeh-Khavar, a local official.

  • EghtesadOnline: Iran’s exports during March 21-Nov. 21 registered a 26.5% fall in value and a 42% decline in weight compared with the corresponding period of last year.

  • EghtesadOnline: Iran’s all six border crossings with Iraq have been closed to Arbaeen pilgrims, causing problems on the Iranian side of the borders.

  • EghtesadOnline: Iran’s exports to Iraq hit 28 million tons worth $8.22 billion in the first 11 months of the current fiscal year (March 21-Feb. 19), registering a 17% and 20% year-on-year growth in terms of weight and value respectively, according to the spokesman of the Islamic Republic of Iran Customs Administration.

  • EghtesadOnline: Visa requirements have reportedly been eased between Iraq and Iran.

  • EghtesadOnline: The National Iranian Gas Company is ready to renew its gas export contract with Iraq.