2655
Credit Line for Export Promotion
Economy, Domestic Economy

Credit Line for Export Promotion

The Export Development Bank has allocated $300 million to boost Iran’s exports to Iraq, Head of Iran-Iraq joint chamber of commerce, Jahanbakhsh Sanjabi Shirazi, said in a seminar dubbed ‘exploring opportunities and challenges ahead of trade with Iraq’, MNA reported on Wednesday.
Figures show that Iraq’s total imports have declined 40 percent this year. Meanwhile, in the first six months of the current Iranian year (March 21-Septmebr 22), Iran has exported $5.5 billion of technical and engineering services and other commodities to Iraq, Sanjabi added.
Sanjabi predicted that by the end of the current year (March 21, 2015) Iran’s total exports to Iraq will amount to $11 billion.

Short URL : http://goo.gl/IKfeOZ

You can also read ...

Iran-Afghanistan Trade Corridors to Bear Fruit for Both India, China
A strategic deployment of trade corridors is taking shape...
EIB Casts Doubt on European Plan to Salvage Nuclear Deal
The European Investment Bank’s global operations would be put...
India Says Iran Economic Ties Not Affected by US Sanctions
Less than three weeks before the first wave of US sanctions...
MTN Halts Iran Fiber Optic Investment
South Africa’s MTN has halted collaborations with Iranian...
Think Tank Recommends Ways of Overcoming JCPOA Challenges Facing EU
European efforts to keep Iran in the nuclear deal (formally...
Stocks Bow to Systematic Risks
Systematic risks have caught up with the Iranian stock markets...
Majlis Think Tank Calls for  Regulating Cryptocurrency
The research arm of Iran's Parliament has conducted a study on...
Warning to Banks Withholding Customer Data
The Iranian National Tax Administration’s special prosecutor...

Trending

Googleplus