Iran’s annual exports to Iraq could hit $20b

Iran’s annual exports to Iraq could rise to $20 billion, said head of the Iran-iraq Chamber of Commerce.

Yahya Al-e Eshaq said that the Islamic Republic’s exports to Iraq currently stands at $12 billion per year, IRNA wrote.

He said companies should place trade with the Arab nation on the agenda if they want to gain economic benefits in the region.

Iran’s exports to Iraq include, livestock, vegetable and dairy fats, different kinds of coke, hide, leather, wood and its byproducts, textiles, cement and building stones as well as mineral, chemical and plastic products.