Iraq, Afghanistan priorities for taking trade policies: official

TEHRAN, Sep. 07 (MNA) – Iraq and Afghanistan are among the most important trade partners of Iran and targeting their markets stands among the priorities of Iran in making its trade decisions, Chairman of Iran Export Confederation Mohammad Lahouti said on Saturday.

“Iraq, regarding its trade volume, is the second partner for Iran but exports to this country are of big volume and it seems that priorities of Iran Trade Promotion Organization for expansion of trade ties are Iraq and Afghanistan,” Lahouti said.

Chairman of Iran Export Confederation, which is a department in Tehran Chamber of Commerce Industries Mines and Agriculture (TCCIMA), called for removal of money transformation barriers with the two countries as well.

Lahouti also named Syria as a potential country for increasing trade ties with, considering its investments capacities.

 As reported, in line with the efforts to boost the economic ties between Iran and Iraq, the two neighboring countries are considering ways to include local currencies in their bilateral trades to reduce reliance on US dollar. The bilateral trades between Iran and Iraq have not been affected by the sanctions in the past year, reports say.

China, Iraq, Turkey, the United Arab Emirates and Afghanistan are the main target markets for Iran’s exports.

Caretaker head of Trade Promotion Organization of Iran (TPOI) says that the country's non-oil exports over the past five months since the start of Iranian year of 1398 amounted to $17.8 billion.

HJ/ 4713487

News Code 149811


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