Iran to hold exclusive trade fair in Baghdad in mid-Feb.

January 9, 2016 - 0:0

TEHRAN- Iran will set up its second exclusive trade fair in Iraq from February 16 to 19, Trade Promotion Organization of Iran (TPOI) announced.

The first fair was held in Baghdad in the same time last year with 260 Iranian companies in attendance.

Iraq was the 2nd leading importer of Iranian non-oil goods in the previous Iranian calendar year, which ended on March 20, 2015, according to the Iran Customs Administration.      

Iran exported $6.182 billion of non-oil goods to Iraq and imported $60.369 million of non-oil goods from the country.     

Last February, Iranian Finance and Economic Affairs Minister Ali Tayyeb-Nia said Iran and Iraq seek to increase their bilateral trade from currently $12 billion to $20 billion.  

He added that Iran has fertile grounds for trade cooperation with Iraq, particularly in the field of exporting technical and engineering services.  

MA/