Dec 5, 2017, 10:08 AM
News Code: 82753197
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Conditions ripe for Iran trade with Iraqi Kurdistan: Enterpriser

Tehran, Dec 5, IRNA – The necessary security has been provided in Iraqi Kurdistan Region after the September's futile referendum there, so the Iranian business persons can be present in the Iraqi northern region again, an Iranian official said on Tuesday.

By the end of the conflict in the northern parts of Iraq, the Kurds are now trying to rectify their mistake, Yahya Al-Eshaq, chairman of Iran-Iraq Chamber of Commerce, told Islamic Republic News Agency (IRNA).

'Our borders with Iraqi Kurdistan are re-opening one by one, and the situation is being returned to normal' the official said.

An independence referendum was approved by Iraq's local Kurdistan parliament despite harsh oppositions from the federal government in Baghdad, and warnings from neighboring countries on the repercussions. Less than a month later, Iraqi Prime Minister Haider al-Abadi declared that the region's September 25 referendum was 'history.'

Talking of Iran-Iraq economic cooperation, Al-Eshaq said Iran's exports to the neighboring country registered six percent growth in the first half of the Iranian calendar year started on March 21.

During the period, the value of Iran's exports to the Iraqi markets has been over 3.2 billion dollars, which shows that the country could keep the record of exporting the monthly 600-million-dollars' worth of goods to its southwestern neighbor, the official added.

He also said that Iraq is the second destination for the Iranian products after China.

To a question on reports that Turkey in north of Iraq has taken opportunity of the Kurdistan Region's conflict for developing trade exchange with the Kurds, the official said it is 'just a rumor.'

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