100-strong Iranian trade delegation to visit Iraq soon

Rajeh Saber Abboud al-Mousavi, the Iraqi ambassador to Iran, said Iran would dispatch a large trade delegation of over 100 members to Iraq in the near future, AVA Diplomatic reports.

As far as the two sides are eager to raise the volume of trade, Abboud al-Mousavi said, the travel of Iranian delegation is likely to bring positive results, the Tasnim news agency quoted him as saying.

Iraq was the 2nd leading importer of Iranian non-oil goods in the previous Iranian calendar year, which ended on March 20, 2015, according to the Iran Customs Administration.

Iran exported $6.182 billion of non-oil goods to Iraq and imported $60.369 million of non-oil goods from the country.

Last February, Iranian Finance and Economic Affairs Minister Ali Tayyebnia said Iran and Iraq seek to increase their bilateral trade from currently $12 billion to $20 billion.

He added that Iran has fertile grounds for trade cooperation with Iraq, particularly in the field of exporting technical and engineering services.