Economy, Domestic Economy

Iraq 2nd Top Destination for Iran’s Non-Oil Goods

Iraq 2nd Top Destination for Iran’s Non-Oil GoodsIraq 2nd Top Destination for Iran’s Non-Oil Goods

Iranian trade attaché in Baghdad said Iraq has considerably increased the volume of its non-oil imports from Iran.

“Iraq, over the first four months of the current Iranian year (March 21-July 22) imported $2 billion worth of commodities from Iran to become the second top destination for Iranian exports,” Nasser Behzad was also quoted as saying by Fars News Agency.

Behzad referred to the 44th Baghdad International Exhibition slated for October 21-30 and described the exhibition as a good opportunity for introducing the Iranian companies and their products.

He reiterated that during the Baghdad exhibition, in which 20 countries, including Germany, France and US, will participate, the heads of Iranian companies can hold talks with their Iraqi counterparts as well as the officials of other countries on bilateral cooperation.

The official noted that Iran plans to have a “strong presence” in the upcoming Iraqi exhibition.

Behzad stressed that Iran’s exports to the neighboring country are estimated to have reached $3 billion during the first half of the current Iranian year (March 21-Sept. 22), registering an 8% increase compared with the corresponding period of last year.

Behzad explained that this increase owes to the rise in the exports of agricultural products, machinery, mechanical and electronic devices and pharmaceuticals, IRNA reported. Among Iran’s main exported products to Iraq are tomato paste, spaghetti, flour, dairy, petrochemicals and industrial lubricants.

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