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Iranian official reveals important challenges in trade with Iraq DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Iranian official reveals important challenges in trade with Iraq

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Iranian official reveals important challenges in trade with Iraq Empty Iranian official reveals important challenges in trade with Iraq

Post by RamblerNash on Thu May 16, 2019 12:24 am

Iranian official reveals important challenges in trade with Iraq

Iranian official reveals important challenges in trade with Iraq Story_img_5cdc2d36e0fcb

5/16/2019

The joint Iranian-Iraqi Chamber of Commerce chairman Yahia Al-Ishaq said joint investments support the continuation of trade between the two countries, hoping to raise the exchange ceiling to 20 billion dollars.

At a meeting of the committee on Wednesday, Al-Ishaq said that one of the important challenges in the field of trade between Iran and Iraq is the issue of guarantee and risk to exporters, where we hope to address this issue.

He added that if the necessary concessions are made, we hope to raise the ceiling of trade cooperation between the two countries to the planned figure of 20 billion dollars.

He pointed out that the biggest share of trade between Iran and Iraq is for Iran. He added that in order for this cooperation to continue, Iraqis demand that the trade should not be unilaterally and they even demand the export of some goods capable of producing it for the Iranian market.

He pointed out that the trends of the Iraqi market tends to invest in them, so it is those who are active in the Iraqi market to pay attention to this point, thinking about joint investments in Iraq.

He said that the issue of transit and re-export with Iraq should be resolved and said that measures have been taken in this area, but the problem of laws and regulations in Iraq is still in place.

http://alforatnews.com/modules/news/article.php?storyid=198015
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