TEHRAN, Iran, Nov.18
Trend:
Secretary General of Iran-Iraq Joint Chamber of Commerce announced 2 percent drops in Iran's export to Iraq due to Iraq's unrest and closure of one of the main common borders.
Referring to the latest protests in Iraq and their effects on Iran-Iraq trade relations, Seyed Hamid Hosseini says that due to the special conditions, passenger transit through the common borders is not possible at present, but trafficking trucks is as usual, except through the Umm al-Qasr port, Trend reports citing ILNA
“According to news, Iraqi protesters seized Umm al-Qasr port a few hours ago, and all land communications with Iraq through that border are cut off,” the secretary general stated.
“This is the second time that this border has been seized by protesters,” Hosseini said. “Iranian cars have been stopped at the border. In addition, the goods of other countries cannot be unloaded in this port, too.”
“Given that the port is one of the main centers of Iraqi oil exports, the export process has been disrupted,” he said adding that this situation has stopped the process of increasing Iran's exports to Iraq.
“Although we had 10 percent increase in exports to Iraq last month, the figure dropped 2 percent this month,” Hosseini said.