Iran to resume implementation of its stalled projects in Iraq

15/5/2019 17:39:00

The secretary-general of the Iran-Iraq Chamber of Commerce, Hamid Husseini announced the approval of the Iraqi government to resume the stalled technical and engineering projects of Iranian companies in the country. 


"Last year, we exported an average of 20 million dollars to Iraq daily , and this pace is coninueing this year," Husseini said at a joint Iranian-Iraqi Chamber of Commerce meeting in Tehran on Wednesday.


The Secretary-General of the Iran-Iraq Joint Chamber of Commerce pointed out that the value of Iranian exports to Iraq since March 21 (the beginning of the new Iranian year) to date amounted to 965 million dollars, adding: Of course, the volume of exports decreases every year at the end of March because of Newroz holidays.


Husseini noted that the federal government has recently agreed to resume stalled technical and engineering projects of Iranian companies, adding: The Iraqi government also announced its willingness to pay their dues.


He said that the value of technical and engineering projects carried out by Iran in Iraq is 4 billion dollars, adding: Of this amount, only $ 1.2 billion has been paid in recent years, and with the new Iraq's decision, more projects will soon be implemented.




PUKmedia / Agencies


Kurdish stand at the international student culture festival in Warsaw

In June at the SWPS University of Social Sciences and Humanities in Warsaw (the oldest and the most prestigious private university in Poland) was held “University International Festival&rdquo...

»  US ambassador-designate to Bulgaria named
»  Manus Governor demands action from Australia as Behrouz Boochani says self-harm has spiked

Bafel Talabani: Another intra-Kurdish conflict will not happen

Sulaymaniyah, Iraq - Over the past year, Iraq has seen a number of major political developments, including the fallout of the Kurdish independence referendum, the May national elections, and the Se...

»   Kurdish novelist Burhan Sonmez: ‘The only way out is to criticise loudly’
»  PUK delegation reveals the main topics of the meetings in Baghdad

Human Rights Commission reveals the number of forcibly disappeared Iraqis in 2017, 2018 and 2019

The Human Rights Commission in Iraq revealed the number of forcibly disappeared Iraqis during the years 2017, 2018 and 2019.


In an exclusive statement to PUKmedia, Dr. Anas a...

»  Declaration of the number of Yezidi martyrs and abductees
»  To end slavery, free 10,000 people a day for a decade, report says