Iranian Foreign Ministry spokesman has dismissed as ‘unfounded’ and ‘absurd’ some earlier report by Reuters claiming that Iran has supplied some Shia groups in Iraq with missiles. In a Saturday statement, Iran’s Foreign Ministry Spokesman Bahram Ghasemi dismissed as unfounded and ridiculous what has been reported by certain news outlets and media claiming that Iran […]

 Islamic Republic of Iran will mend and drill Iraqi oil wells in Basra and Zubayr regions. A Memorandum of Understanding (MoU) was inked between National Iranian Drilling Company (NIDC) and Iraqi Osool Al Ayan Company with the aim of drilling and repairing oil wells in Iraq’s southern regions of Basra and Zubayr. Deputy CEO of […]

The Secretary-General of Iran-Iraq Chamber of Commerce Sayed Hamid Hosseini said Tue. that Iran’s exports to Iraq recorded a new high, as $55 million worth of commodities was exported to the neighboring country on Monday. “This year, Iran’s exports to Iraq has been growing and during the first four months of this Iranian year (beginning on […]

Iraq’s Ambassador to Iran Rajeh Saber Aboud Al-Mousavi said on Monday that behavior of a country (the US) will not be able to affect Baghdad-Tehran ties and Iraq will never leave Tehran alone during sanctions era. He made the remarks after Prime Minister Heidar Al-Abadi said earlier that Iraq will follow up sanctions against Iran […]

Head of Iraqi Chambers of Commerce Jafar Rasul Hamdani said that US provocative moves will not create any obstacle behind Iran and Iraq economic cooperation. In the current situation, US anti-Iran measures will not impede economic cooperation in private sectors and business ties between the two countries of Iran and Iraq, he reiterated. He made […]

Iraqi Prime Minister Haider al-Abadi’s visit to Iran has been canceled. Abadi will still go ahead with a planned visit to Turkey on Tuesday but has scrapped the Iran leg of the trip “because of his busy schedule”, his office said. Iraq’s prime minister has been under criticism since last week, when he told reporters that […]

The President of the General Union of Iraqi Chambers of Commerce Jaafar Al-Hamdani says that the trade with Iran is continuing despite risk of US sanctions. Speaking to Iraqi economic news website ‘economy-news.net’,  Jaffar Al-Hamdani said that trade between Iraq and Iran is going on as usual despite the fact that the US sanctions have taken […]

Iraqi government spokesman Saad al-Hadithi told Sputnik Thu. that his country will look for mechanisms to neutralize the influence of US sanctions and to support trade relations with Iran. “The sanctions will influence, first of all, money transfers and banking operations in the US dollar. The sides will not use the US dollar,” al-Hadithi told Russian […]

Iraq does not agree with U.S. sanctions against Iran but will abide by them to protect its own interests, Prime Minister Haider al-Abadi said on Tuesday. “As a matter of principle we are against sanctions in the region. Blockade and sanctions destroy societies and do not weaken regimes,” he said at a news conference. “We […]

Turkish politician says Saudi Arabia’s move toward Erbil aims to reduce Iran and Turkey influence in Iraq to break up the country in coordination with the US and Israel. Recently a delegation from Riyadh agreed with KRG officials in Erbil to expand economic ties with the Iraqi Kurdistan Region. The Saudi delegation was headed by Sami […]