Quarterly non-oil export to Iraq drops 22% year on year

INSUBCONTINENT EXCLUSIVE:
21), from that of the same quarter in the previous year, the spokesman of Islamic Republic of Iran Customs Administration (IRICA)
announced.Ruhollah Latifi said that Iran exported commodities worth $1.824 billion to Iraq in the three-month period of this year.Increasing
non-oil exports to the neighboring countries is one of the major plans that the Iranian government has been pursuing in recent years.The
year.As reported, Iran exported $8.916 billion worth of commodities to its neighbor in the mentioned year, making Iraq the Islamic
year.As stated by the chairman of the Iran-Iraq Joint Chamber of Commerce, Iran is planning to boost its annual trade with neighboring Iraq
under President Raisi has shown great interest in broadening and enhancing trade and economic ties with neighboring states, he
billion trade with Iraq and put the current trade volume exchange between the two countries at about $13-$14 billion.Iran and Iraq signed a
Economic Committee.During the committee meeting, technical committees were formed in various business fields to discuss technical and
engineering services and other topics of interest
The meeting also proposed and supported the establishment of a joint investment fund between the two countries and hopes to continue its
path.Good agreements were also reached to review establishing a shipping corridor and increasing the number of Iraqi aircrafts passing over
Iran.MA/MA