News ID: 109669
Published: 0740 GMT January 18, 2015

Tehran-Baghdad trade hits $12b

Tehran-Baghdad trade hits $12b

Tehran and Baghdad have considerably increased their trade exchanges in recent years, an Iranian trade official announced on Sunday.

Yahya Al-e Es’haq, the head of Iran-Iraq Chamber of Commerce, made the statement while addressing a conference titled “Iran-Iraq Special Economic and Trade Opportunities” in Tehran, Fars News Agency reported.

"Trade exchanges between Iran and Iraq have reached $12 billion at present," he said.

"An Iranian delegation to be headed by First Vice President Es’haq Jahangiri will soon visit Iraq to discuss expansion of trade ties between the two countries."

Al-e Es’haq noted that Iran aims to have a 25-percent share of the Iraqi market.

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