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Kurds of northern Iraq improve trade ties with Iran

Business Materials 18 November 2014 16:17 (UTC +04:00)

Baku, Azerbaijan, Nov.18

By Fatih Karimov - Trend:

Two thousand members of the exporters-importers union of Kurdish regional government in northern Iraq (KRG) have trade ties with Iran.

Head of the union Mustafa Abdulrahman Abdullah said that the union has 10,000 members, about 2,000 of whom have trade exchanges with Iran, Iran's IRNA news agency reported on November 18.

He said KRG is intended to sign a cooperation protocol with Iran's Hamedan Province in order to pave the way for the establishment of relations with tradesmen in this province.

There are signs of growing trade between Iran and KRG. The Parviz Khan border crossing in western Iranian city of Qasr-e Shirin has been named the most active trade checkpoint out of 86 crossings between Iran and Iraq, Press TV reported in June 2013.

Trade levels started to increase after former Iraqi dictator Saddam Hussein was toppled in 2003.

Iran is the KRG's second largest trade partner after Turkey. There are also signs of widening relations outside of the trade sector. Direct flights between Arbil and Iran's Urmia city were launched in March 2013. Flights between Arbil and Tehran were launched last year.

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