INSUBCONTINENT EXCLUSIVE:
TEHRAN- Iran exported commodities valued at $2.961 billion to its neighbor Iraq during the first five months of the current Iranian calendar
year (March 21-August 22), a board member of Iran-Iraq Joint Chamber of Commerce announced.Hamid Hosseini said that the five-month export
shows eight percent drop as the figure was $3.22 billion in the same period of time in the past year.In terms of weight, the export
percent during the previous Iranian calendar year 1400 (ended on March 20) as compared to the preceding year.As reported, Iran exported
of the Iran-Iraq Joint Chamber of Commerce, Iran is planning to boost its annual trade with neighboring Iraq to $20 billion.Speaking in a
shown great interest in broadening and enhancing trade and economic ties with neighboring states, he emphasized.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.In recent years, and especially under the sanctions condition, expanding trade with the neighbors and boosting export to these
countries has become one of the major economic approaches of Iran.Neighboring Iraq is attached high significance in this due, as
products there.Meanwhile, the Iranian economic officials have emphasized holding such exhibitions for economic cooperation and business
West Asian Countries, while announcing the list of pavilions of the Islamic Republic of Iran in Iraqi exhibitions, informed the active
the framework of the development of economic diplomacy with neighboring countries with the focus on the private sector and based on the
plans of the TPO in the field of introducing the country's export goods to the neighboring markets and also expanding the trade relations
that 30 exhibition event including exclusive exhibitions of Iranian products as well as Iran's specialized pavilions in Iraqi international
exhibitions in different cities and provinces of this country in the current Iranian calendar year is on the agenda.Pointing out that so far
five events from the series of the mentioned exhibition events have been held with the active presence of Iran in the fields of agriculture,
livestock and poultry and food (Baghdad); reconstruction (Erbil); information and communication technology (Baghdad), electricity and energy
(Baghdad) and construction and decoration industry and investment (Erbil), he said that 16 events, including three exclusive-specialized
exhibitions of the Islamic Republic of Iran in the cities of Erbil, Sulaymaniyah, and Basra are on the agenda.According to the official, the
pavilion of the Islamic Republic of Iran is ready for the presence of Iranian companies in order to actively participate in Iraq's
international trade exhibitions in Sulaymaniyah and Baghdad, and Iraqi international specialized exhibitionsPilton also announced the
holding of nine other exhibition events with the active presence of Iran in Iraq.MA/MA
