Iran plans to export staple foods to Iraq

Business Materials 15 March 2015 18:59 (UTC +04:00)

Baku, Azerbaijan, Mar. 15

By Fatih Karimov - Trend: Iran plans to export 300,000 metric tons of staple food to Iraq.

Iranian agriculture ministry official Ali Qanbari said that sugar, wheat, wheat, rice, floor, and edible oil, each 60,000 metric tons, will be exported to Iraq in the next Iranian fiscal year, which begins on March 21, ISNA news agency reported on March 15.

He added that more than 25,000 metric tons of sugar and edible oil will be exported to Iraq by the end of the current year.

Former Iranian Oil Minister Rostam Qassemi, who is now in charge of a large economic body to widen Iran-Iraq trade ties, said in Sept. 2014 that Iran can boost its non-oil exports to its neighboring state to $30 billion.

He added that Iran's non-oil exports amount to $48 billion now, "and if we exclude the value of the petrochemical products, there will remain $30 billion worth of non-oil exports, half of which is to Iraq."