-

 
logo
                                        Volume. 11736

Iran, Iraqi Kurdistan to further expand trade ties
PDF Print E-mail
Font Size Larger Font Smaller Font
There are signs of growing trade between Iran and Iraq’s Kurdistan Region. The Parviz Khan border crossing in western Iranian city of Qasr-e Shirin has now been named the most active trade checkpoint out of 86 crossings between Iran and Iraq. Customs officials in Parviz Khan say the checkpoint has climbed to the top spot over the last ten months.
 
Parviz Khan was recognized as an official border crossing in 2007. Iranian trade figures show that in the last four months over 82,000 trucks crossed the Parviz Khan checkpoint from Iran into Iraqi Kurdistan. Just over 250 trucks crossed from Kurdistan into Iran in the same period. The majority of trade is food and construction materials. Iran’s consul acknowledges that trade levels are good, but says there are still improvements to be made.
 
Ruling MPs in Kurdistan say trade between Iran and Iraqi Kurdistan was one hundred million dollars in 2000. Trade is expected to reach over four billion dollars this year.
 
Trade levels started to increase after former Iraqi dictator Saddam Hussein was toppled in 2003.
 
Iran is the Kurdistan Region’s second largest trade partner after Turkey. There are also signs of widening relations outside of the trade sector. Direct flights between Arbil and Iran’s Urmia city were launched in March. Flights between Arbil and Tehran were launched last year.
 
(Source: Press TV)

rssfeed socializeit
Socialize this
Subscribe to our RSS feed to stay in touch and receive all of TT updates right in your feed reader
Twitter Facebook Myspace Stumbleupon Digg Technorati aol blogger google reddit