Iran-Iraq economic ties


  • Iraq 2021-09-03 12:50

    Iran reduces natural gas exports to Iraq

    TEHRAN – National Iranian Gas Company (NIGC) has decreased natural gas exports to Iraq based on an agreement with the country and upon prior notification, the head of NIGC's Dispatching Department said.

  • Iraj Masjedi 2021-04-16 21:57

    Iran ambassador consults with Iraqi justice minister 

    TEHRAN — Iraj Masjedi, Iran's ambassador to Iraq, met with Salar Abdul Sattar Mohammad, Iraq’s minister of justice, on Friday to discuss expansion of judicial cooperation between the two neighboring countries.

  • Iran-Iraq 2021-02-27 15:03

    Financial issues discussed between Iran, Iraq

    TEHRAN- During a meeting between the governor of the Central Bank of Iran (CBI)and the managing director of the Commercial Bank of Iraq, the two sides discussed the ways for the transfer of Iran’s funds in Iraq.

  • Iran Iraq 2021-02-19 14:38

    Iran’s export to Iraq falls 14%

    TEHRAN- The value of Iran’s export to Iraq has fallen 14 percent during the first ten months of the current Iranian calendar year (March 20, 2020 – January 19, 2021), compared to the same period of time in the past year, Mojtaba Mousavian, the deputy head of Iran’s Trade Promotion Organization (TPO), announced in a TV program on Thursday.

  • khansari 2021-02-08 15:13

    TCCIMA, Iraqi embassy agree to form joint trade committee

    TEHRAN – Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) and the Commercial Department of the Iraqi Embassy in Tehran have agreed on forming a joint trade committee in the near future, the TCCIMA portal reported.

  • hemmati 2021-02-03 15:57

    Iran discusses ways for using its frozen assets with Iraq

    TEHRAN – The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati met with the Chairman of Trade Bank of Iraq (TBI) Salem Chalabi on Wednesday to discuss ways for using the country’s assets in the mentioned country.

  • Iran Iraq 2021-01-13 15:06

    Iran, Iraq ink economic co-op MOU

    TEHRAN- Iran and Iraq signed a memorandum of understanding (MOU) on economic cooperation at the end of the fourth meeting of the two countries’ Joint Economic Committee on Wednesday, Iranian Energy Minister Reza Ardakanian, who is the head of the mentioned committee, announced.

  • Ardakanian 2021-01-12 16:10

    Iran-Iraq annual trade to reach $20b

    TEHRAN – Iranian Energy Minister Reza Ardakanian, who is the head of the Iran-Iraq Join Economic Committee, said on Tuesday that the two countries’ annual trade is going to be increased to $20 billion.

  • iraq 2020-12-28 11:54

    Iran slashes gas exports to Iraq due to outstanding payments

    TEHRAN - Iran has reduced its natural gas exports to Iraq and threatened further reductions due to the Arab country’s failure to pay its dues, Bloomberg reported on Sunday, quoting a spokesman for Iraq’s electricity ministry as saying.

  • iran-Iraq 2020-10-12 15:37

    Tehran, Baghdad discuss banking issues, expansion of financial relation

    TEHRAN - Governor of Central Bank of Iran (CBI) met with Iraq's Finance Minister Ali Abdul Amir Allawi on Monday to discuss the expansion of bilateral relations and issues related to the banking and financial sectors, IRNA reported.

  • Mehran border 2020-09-14 14:08

    Mehran border terminal operational on all weekdays

    TEHRAN- Activity in Mehran border between Iran and Iraq has increased from four days to all weekdays, according to an Iranian provincial official.

  • Mehran border 2020-08-30 14:20

    Trade via Mehran border increases

    TEHRAN- Trade between Iran and Iraq has increased via Mehran border crossing, according to the spokesman of the Islamic Republic of Iran Customs Administration (IRICA).

  • Iran-Iraq 2020-08-23 13:36

    Iraq eager for joint investment with Iran in technical-engineering fields

    TEHRAN- Iranian economic attaché in Basra said that Iraq is eager for joint investment with Iran in the technical and engineering fields, IRNA reported.

  • Iran-Iraq 2020-07-22 13:28

    Iran bound to its energy commitments to Iraq: VP

    TEHRAN – Iran’s First Vice President Es’haq Jahangiri said on Tuesday that Iran is determined to fulfill its commitments regarding the supply of electricity and gas to Iraq even in the peak summer period, Shana reported.

  • Iran-Iraq 2020-07-19 12:21

    Quarterly exports to Iraq stand at $1.45b

    TEHRAN- Iran has exported commodities valued at $1.45 billion to Iraq during the first quarter of the current Iranian calendar year (March 20-June 20), the secretary-general of Iran-Iraq Joint Chamber of Commerce announced.

  • Iran-Iraq 2020-06-24 15:30

    Iran, Iraq stress expansion of trade, industrial ties

    TEHRAN - Iran's Ambassador to Baghdad Iraj Masjedi met with Manhal Aziz Al-Khabbaz, Iraq’s new minister of industry and minerals, on Tuesday, to discuss expansion of trade and industrial cooperation.

  • Iraq 2020-06-19 14:30

    Iran to use its financial resources in Iraq to import basic goods: CBI governor

    TEHRAN - Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati says Iran and Iraq are going to implement an agreement in the coming weeks based on which Iran is going to use its energy export revenues in Iraq for supplying basic goods, IRNA reported.

  • Iran-Iraq 2020-06-10 10:09

    A new transmission line synchronizes Iran, Iraq power grids

    TEHRAN- Iranian Energy Minister Reza Ardakanian said that Iran and Iraq's power grids have become synchronized since a month ago via the new Amarah-Karkheh 400-KV transmission line stretching over 73 kilometers.

  • Iran-Iraq 2019-10-07 19:53

    Iran, Iraq capable of increasing bilateral trade to $20b by 2021: industry min.

    TEHRAN – Iranian Minister of Industry, Mining and Trade Reza Rahmani says Iran and Iraq have the potential to increase the value of their bilateral trade to $20 billion dollars by 2021.

  • Iran Iraq 2019-09-15 18:02

    Iran to hold exclusive expo of products in Sulaymaniyah in late Dec.

    TEHRAN- Iran’s Trade Promotion Organization (TPO) will hold an exclusive exhibit of Iranian products in Sulaymaniyah in Iraqi Kurdistan from December 24 to 28, TPO portal published.

  • Iraqi ambassedor 2019-08-10 17:37

    Iraq, Iran consider removing dollar from bilateral trade: envoy

    TEHRAN- Iraqi Ambassador to Iran Sa’d Javad Qandil said his country and Iran are considering mechanisms to use local currencies in their bilateral trade to reduce reliance on the U.S. dollar, Mehr news agency reported.

  • iran-iraq 2019-07-31 18:16

    Iran's private sector ready to contribute to Iraq’s reconstruction

    TEHRAN – Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) hosted a gathering on Tuesday between representatives of Iran and Iraq’s private companies active in the construction industry, the ICCIMA portal reported.

  • Iran-Iraq 2019-07-29 19:43

    Iran, Iraq ink MOU to develop Islamic financial instruments

    TEHRAN - Iran’s Securities and Exchange Organization (SEO) on Monday signed a memorandum of understanding (MOU) with Iraq Securities Commission for cooperation in developing Islamic financial instruments and establishing joint investment funds.

  • Iran-Iraq 2019-07-26 22:08

    Tehran, Baghdad ink agreement for developing trade ties

    TEHRAN – Iran and Iraq signed an agreement on July 22 to facilitate trade between the two sides and remove barriers in the way of developing economic ties, IRNA reported.

  • Governor of Central Bank of Iran (CBI) Abdolnasser Hemmati (L) Iraqi Finance Minister Fuad Mohammed Hussein 2019-07-23 18:35

    Iran-Iraq $20b trade target not out of reach: CBI governor

    TEHRAN – Governor of Central Bank of Iran (CBI) Abdolnasser Hemmati held talks with Iraqi Finance Minister Fuad Mohammed Hussein on Monday night to discuss expansion of banking relations between the two countries, IRNA reported.

  • Iran-Iraq 2019-07-17 21:15

    Iran’s share of Iraqi market grows 40% in 3 months

    TEHRAN – Iran’s share of the neighboring Iraq’s total foreign trade reached 21 percent in the first three months of the current Iranian calendar year (March 21-June 21), registering a 40 percent growth compared to the same period last year.

  • exports 2019-07-16 21:02

    Iran to export $5b of gas, electricity to Iraq by March 2020

    TEHRAN – The value of Iran’s gas and electricity exports to Iraq are expected to reach $5 billion by the end of the current Iranian calendar year (March 21, 2020), Meh news agency quoted an official with the Iran-Iraq Joint Chamber of Commerce as saying.

  • Iraq electricity 2019-07-05 19:54

    Iraq to set up mechanism to buy Iranian gas, electricity

    TEHRAN - Iraq is going to establish a trade mechanism to continue buying gas and electricity from Iran despite U.S. sanctions, AFP reported, citing senior Iraqi officials.

  • Akbar Eftekhari (1st R), the deputy secretary of Iran’s Free Zones High Council, shaking hand with Mostafa Abdulrahman Abdullah, president of the Importer and Exporter Union of Iraqi Kurdistan region, after signing a memorandum of understanding in Tehran. 2019-06-11 19:15

    Iran inks MOU with Iraqi Kurdistan to boost bilateral trade

    TEHRAN – Iranian Secretariat of Free Zones High Council signed a memorandum of understanding with Importer and Exporter Union of Iraqi Kurdistan region for expansion of economic relations between Iranian free zones and the Kurdistan region.

  • iran-Iraq 2019-05-28 20:33

    Iran to hold 3 specialized exhibitions in Iraq by June 21

    TEHRAN – Three specialized Iranian exhibitions are due to be held in Iraq during the current Iranian month of Khordad (May 22-June 21), the portal of Trade Promotion Organization (TPO) reported quoting the Iranian commercial attaché to Iraq.