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Mehran Border Registers 55% Increase in Foreign Transit

EghtesadOnline: A total of 75,972 tons of foreign goods were transited from the Mehran Border Terminal, located in Ilam Province along Iran’s border with Iraq , during the first eight months of the current Iranian year (March 21-Nov. 21), registering a 55% rise compared with the corresponding period of last year, according to Zahedin Cheshmeh-Khavar, a local official.
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Publish Date:19/December/2022 | 20:53

Iran's Exports to Iraq Exceed $4 Billion

EghtesadOnline: Iran’s exports during March 21-Nov. 21 registered a 26.5% fall in value and a 42% decline in weight compared with the corresponding period of last year.
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Publish Date:07/December/2022 | 21:25

Iraq to Unfreeze Iranian Assets

EghtesadOnline: An agreement was reached between the Central Bank of Iran, Central Bank of Iraq and the Trade Bank of Iraq to unfreeze Iran's financial assets in the neighboring country.
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Publish Date:13/October/2020 | 13:02

Border Crossings With Iraq Now Open on All Weekdays

EghtesadOnline: Three border crossings with Iraq , namely Chazzabeh and Shalamcheh in the southern Khuzestan Province and Mehran in the western Ilam Province, have reopened for exports on all weekdays as of Sept. 12.
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Publish Date:14/September/2020 | 13:16

Iraq Wants Exemption From OPEC+ Cuts in Q1 2021

EghtesadOnline: Iraq is seeking exemptions from OPEC+ cuts in Q1 of 2021 and has discussed the issue with key producers in the 23-member coalition during three consecutive meetings, state-owned al-Sabaah newspaper reported, citing the country's oil minister.
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Publish Date:03/September/2020 | 13:54

More Working Days at Mehran Border Terminal

EghtesadOnline: Following negotiations between Iranian and Iraq i officials, business days at Mehran border terminal has increased from two to four days a week, says Rouhollah Latifi, the spokesperson of the Islamic Republic of Iran Customs Administration.
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Publish Date:31/August/2020 | 09:14

Iraq Will Continue Buying Gas and Power From Iran

EghtesadOnline: Iraq could lower its reliance on Iranian gas and electricity imports next year if (and when) OPEC's second largest oil producer can implement multi-billion deals signed with US companies and attract Saudi investments, the deputy prime minister said.
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Publish Date:25/August/2020 | 11:17

All Border Crossings to Iraq Open for Exports

EghtesadOnline: Chazzabeh crossing on the Iran- Iraq border was reopened for exports on Sunday, after five months of closure due to the outbreak of the new coronavirus.
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Publish Date:27/July/2020 | 11:44

Iraq Opens Another Border Crossing With Iran

EghtesadOnline: Iraq has reopened its Manzarieh border crossing with Iran (called Khosravi on the Iranian side) after it was closed for about five months, following the spread of the new coronavirus.
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Publish Date:25/July/2020 | 11:21

Leader Meets Iraq i Premier

EghtesadOnline: Iraq i Prime Minister Mustafa al-Kadhimi, who arrived in Tehran on Tuesday for a two-day visit, held meetings with Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei and other top officials to discuss mutual ties and regional developments.
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Publish Date:22/July/2020 | 10:40

Payment Deal With Iraq in Final Phase

EghtesadOnline: Head of the International Department of the Central Bank of Iran said constructive talks were held with Iraq i officials during his tour to the Arab country, which could result in unfreezing millions of dollars of Iranian money.
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Publish Date:22/July/2020 | 08:38

Iran's Q1 Exports to Iraq Top $1.4b

EghtesadOnline: Atotal of 5 million tons of non-oil goods worth $1.45 billion were exported from Iran to Iraq during the first quarter of the current Iranian year (March 20-June 20) to register a 40% and 38.3% decline in tonnage and value respectively compared with the similar period of last year, according to the secretary-general of Iran- Iraq Chamber of Commerce.
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Publish Date:19/July/2020 | 13:27

Iraq Activating Iran Payment Mechanism

EghtesadOnline: Iran and Iraq will invoke past agreements to expedite settlement of Iraq i arrears using a trading mechanism designed to supply basic goods to Iran.
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Publish Date:20/June/2020 | 07:59

Iraq Will Be Committed to OPEC+

EghtesadOnline: Iraq wants OPEC+ to take into consideration the economic and living conditions of countries when assigning quotas in oil production cuts, the country's finance minister said, as OPEC's second-largest oil producer struggles to adhere to it production limits.
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Publish Date:09/June/2020 | 24:29

Iran, Iraq Power Export Contract Renewed for Two Years

EghtesadOnline: Importing electricity from Iran is of vital importance for Iraq (both politically and economically), the Iraq i Minister of Electricity Majid Mahdi Hantoush said at the weekend.
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Publish Date:06/June/2020 | 10:29

Exports of Essential Goods Banned From Tamarchin Crossing to Iraq

EghtesadOnline: Exports of essential goods, as well as all types of herbal and edible plants, via Tamarchin border crossing, located in Piranshahr County in West Azarbaijan Province, to the neighboring Iraq has been banned, the governor of Piranshahr said.
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Publish Date:16/May/2020 | 05:40