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Thursday, 22 August 2019 10:22

The Kermanshah Economic Activists' Meeting was held with the business delegation of the Babil Chamber of Commerce in Iraq

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Keyvan Kashefi, mentioned the volume of Iran's $ 9 billion export to Iraq last year (which had a significant jump), head of Kermanshah chamber of commerce said About $ 3 billion in the total exports to Iraq was with kermanshah contribution which is a great deal to these trade exchanges.
The head of the Kermanshah Chamber of Commerce also announced plans to import from Iraq to Iran and said: "Because of our export to Iraq, we have enough currency in Iraq and we have many active companies in Iraq that can increase imports from this country." Help the country.

 

Kashefi also emphasized the need to increase transit between the two countries and said that Iran and Iraq have significant capacity to transit the region, adding that it is possible to increase transit between the two countries up to five times the current level.

The chairman of the Iraqi Babylon Chamber also noted during the meeting, referring to the trade relations between Iran and Iraq: Last year about $ 12 billion of goods were exported from Iran to Iraq, including $ 9 billion of consumer and other goods including oil and gas

Sadegh Hashem Fazel continued: "This amount could increase to $ 20 billion."
Referring to plans to increase trade between Iran and Iraq, he noted: During the recent visit of the Iranian President to Iraq, there was an agreement between the leaders of two countries, one of which was the creation of three free zones in the Iranian-Iraqi border.

At the end of the meeting, specialized panels on food, agriculture and building materials were held, and Kermanshahi businessmen had B2B meetings with the Iraqi Babil Chamber of Commerce members.

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