The products exported to Iraq are mainly comprised of constructional material, petrochemicals, agricultural, industrial goods, and handicrafts, the Islamic Republic of Iran Broadcasting reported.
The value of trade between Iran and Iraq is foreseen to reach $4.2 billion by March 2010, according to the Iran-Iraq Joint Chamber of Commerce, Industries and Mines reports.
Iran and Iraq signed $200 million worth of contracts during the Iraqi delegation's visit to Tehran in October.
Iraq is one of the main markets for Iranian goods. Iran exported $2.26 billion worth of goods to Iraq during the previous Iranian calendar year (ended March 20, 2009). The two-way trade stood at $4 billion last year.
MF/MG/SJ
END
MNA
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