Iran's Total Exports to Iraq Top $11 Billion
TEHRAN (Dispatches) – Iran’s Ambassador to Baghdad Hasan Danayifar has said that his country exported various goods and electricity worth $11.5 billion to Iraq in the first nine months of the current Iranian year (started March 21, 2018).
He noted that $6.5 billion of the exports accounted for goods and added that in the same period of the previous year Iran's goods exports to Iraq amounted to $6.4 billion.
Danayifar said despite U.S. sanctions, Iran's total exports to Iraq have increased by 40 percent compared to the previous year.
It is expected that Iran's goods exports to Iraq will reach $8.1 billion by the end of the current year, he added.
Commenting on the U.S. pressure on Iraq aimed at ceasing the economic relations with Iran, Danayifar noted that about 40 percent of Iraq's demand for electricity is supplied by Iran and it is impossible to stop the supplies.
He noted that $6.5 billion of the exports accounted for goods and added that in the same period of the previous year Iran's goods exports to Iraq amounted to $6.4 billion.
Danayifar said despite U.S. sanctions, Iran's total exports to Iraq have increased by 40 percent compared to the previous year.
It is expected that Iran's goods exports to Iraq will reach $8.1 billion by the end of the current year, he added.
Commenting on the U.S. pressure on Iraq aimed at ceasing the economic relations with Iran, Danayifar noted that about 40 percent of Iraq's demand for electricity is supplied by Iran and it is impossible to stop the supplies.