...

Iran to export 12 billion dollars worth of goods to Iraq

Business Materials 12 December 2012 19:09 (UTC +04:00)
Iran will export over 12 billion dollars worth of goods in the current Iranian calendar year, to end March 19, 2013, Iranian ambassador to Baghdad said on Wednesday.

Azerbaijan, Baku, Dec.12 /Trend F.Milad/

Iran will export over 12 billion dollars worth of goods in the current Iranian calendar year, to end March 19, 2013, Iranian ambassador to Baghdad said on Wednesday.

Iran's exports to Iraq stood at 11 billion dollars previous year, the IRNA News Agency quoted Hassan Danayifar as saying.

He went on to note that Iraq is Tehran's main trade partner.

Iran exported some 3.55 billion dollars worth of goods to Iraq in the first seven months of current Iranian calendar year, which began March 20.

The figure shows 37 percent increase in comparison to the same period previous year, the ILNA News Agency reported.

Iran also imported some 53.6 million dollars worth of goods from Iraq in the mentioned period, which is 3 percent less than previous year.

Iran and Kurdistan region's economic transactions account for 59 percent of Iran and Iraq's total economic trades.

The capital of Iraq's Kurdistan region, Arbil, hosted the first Tehran-Arbil Economic Cooperation Conference earlier this month.

At the end of the conference, the two sides signed a memorandum of understanding, the IRNA News Agency reported.

The Iranian Vice President for International Affairs Ali Saeedlou and the prime minister of Iraq's Kurdistan Regional Government (KRG) Nechirvan Idris Barzani had prepared the MoU.

Tags:
Latest

Latest