Meeting Held to Discuss Boosting Iran’s Exports to Iraq


Meeting Held to Discuss Boosting Iran’s Exports to Iraq

TEHRAN (Tasnim) – High-ranking Iranian and Iraqi officials attended a meeting in Tehran on Wednesday to explore avenues for closer economic cooperation between the two neighboring countries and discuss challenges facing Iranian exports to the Arab country.

The one-day gathering titled “Analyzing Challenges and Strategies for Exports of Goods to Iraq” was held at the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIM) on Wednesday.

The main issues raised in the meeting include the latest regulatory requirements in Iraqi for the imports of goods, strategies to develop the Iraqi market, tariffs on imports to Iraq and transportation fees.

The meeting was held with a number of senior officials and diplomats, including Iraqi Ambassador to Tehran Rajeh Saber Abboud al-Mousavi, and Chairman of Iran-Iraq Chamber of Commerce Yahya Ale Eshaq, in attendance.

Iranian companies have so far completed dozens of projects in Iraq in the area of water and electricity and another 27 projects of the companies valued at $1.245 billion are still underway in the country.

Back in 2014, Iranian Vice President Eshaq Jahangiri had said that Tehran sees no restriction on trade exchange and cooperation with the western neighboring country.

The Iranian official also said the two countries should draw up a plan to raise the volume of their annual trade turnover to $20 billion.

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