Why it matters:
Iran and Iraq are strengthening their economic and trade relations through investment collaborations. Given Iraq’s geopolitical position and Iran’s expansive infrastructure, deeper cooperation could enhance regional stability and facilitate broader trade opportunities.
The big picture:
Iraq plans to host an international conference on investment opportunities in Baghdad on June 14–15, showcasing 139 projects across various industries. Sectors include energy, oil and gas, industrial zones, agriculture, healthcare, tourism, maritime trade, warehousing, and telecommunications. The Iraqi government is seeking active participation from Iranian businesses to strengthen economic ties further.
What they're saying:
“Iranian companies should have a strong presence at the event,” said Iraqi Ambassador Naseer Abdul Mohsen Abdullah, emphasizing Iraq’s interest in expanding investment cooperation.
“Iran’s investment organization is actively encouraging participation,” noted Iranian Deputy Minister of Economy Abolfazl Koudehei, underscoring the significance of trade relations between the two nations.
“State guarantees will help Iranian companies engage in Iraqi tenders,” Koudehei added, stressing the need for streamlined financial cooperation.
Go deeper:
Iran’s Ministry of Economic Affairs has issued guarantees to support Iranian firms in Iraq.
Both sides have agreed to promote investment conferences in each other’s countries.
Iraq’s economic outreach aligns with broader regional efforts to attract foreign investment, positioning it as a potential hub for commercial development. This initiative marks a strategic push toward economic synergy, reinforcing shared interests and long-term regional growth.
Hossein Amiri
