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Legal Matters

Iran exports $12b worth of goods to Iraq

Kerman, Head of joint Chamber of Commerce of Iran and Iraq Yahya Al-Eshaq said on Wednesday that Iran exported 12 billion dollars worth of goods to Iraq every year, which would be possible to be increased to 20 billion dollars.

He made the remarks in a joint meeting of Kerman province economic activists with Iran, Iraq chamber of commerce officials.

Al-Eshaq said now is time for economic activities in Iraq market and added that if companies want to have a successful activity in the region should consider Iraq market in trade priority.

He said that Kerman province has 2.4 billion dollars export annually, which only 60 million dollars were exported to Iraq, so the province should increase its efforts to promote the figure.

The main exporting items to Iraq are livestock, cooking oil, soft drinks, mineral materials, chemical products, plastic products, Hyde and leather, woods and wooden products, textile, cement.

Source: Islamic Republic News Agency - IRNA

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