News ID: 151893
Published: 0725 GMT May 23, 2016

Iraq pledges to remove Iranian cement import ban

Iraq pledges to remove Iranian cement import ban

Iraq has promised to remove the ban on the import of Iranian cement, said the secretary of Iran's Cement Industry Employers Association.

Abdolreza Sheikhan added that following several meetings between Iranian and Iraqi officials, Baghdad promised to give priority to Iranian exports, once the general ban on cement import is removed, Fars News Agency reported.

He said that Iraq has banned cement import due to security problems in the country and the decline in oil prices. He added that the demand for cement in Iraq is currently is met from domestic production.

Sheikhan earlier said that Iran's cement and clinker exports witnessed a 20-percent decline in the fiscal year (ended March 19) and stood at 15 million tons.

Earlier Iraq had a 60-percent share of Iran's cement export, Sheikhan said, adding last year Baghdad increased customs tariff for Iran's cement from $4 to $13 per ton.

Iran currently exports cement to some 24 countries including Azerbaijan, Turkmenistan, Afghanistan, Russia, Kazakhstan, Kuwait, Pakistan, Qatar, Turkey, the United Arab Emirates, Georgia, Oman, India and China.

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