6.5 billion dollars in trade volume between Iraq and Iran

6.5 billion dollars in trade volume between Iraq and Iran



Iranian goods in the Iraqi market "Internet"
 
02/22/2018

Economy News Baghdad :

He announced that the Iranian ambassador in Baghdad, Iraj Masjedi, that the trade exchange between Iraq and Iran reached $ 6.5 billion.

"There is a commercial exchange between the two countries amounting to 6 billion and a half billion dollars annually," he said in a statement quoted by Al-Sabah newspaper. "Iran exports to Iraq daily 7 to 12 million cubic meters of gas, To produce electricity, as well as processing 1200 megawatts of electricity per day. "

He added that there are several projects under way in the fields of technical and engineering between the two countries, in addition to two or more projects under discussion between the two sides, one of which is completion of the pipeline project from Abadan to Basra, which was completed by 90 percent and if completed we will have two series of gas pipelines, Iran to Iraq can absorb 35 million cubic meters of gas per day and is currently delivering between 30 to 60 thousand barrels of oil from the fields of Kirkuk to Kermanshah in Iran and in return, Iran provides the same quantity of oil in the southern Iraqi ports .

And pointed out the Iranian ambassador to the presence of the movement for 6 million visitors from both sides were divided by four million from Iran to Iraq for the purpose of religious tourism , and in return there are 2 million visitors Iraqis go to Iran, adding that his country aspires to cancel the visa between the two countries , especially as the decision was taken in Iran to cancel the visa on its part towards Iraq and the Iraqi Foreign Ministry was informed of this decision and awaiting its response .

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