Iran looks to Iraq as a big market for trade
Iran finds neighboring Iraq its closest ally in the Arab world as well as a big market for its domestically produced goods. “Iraq needs everything, which makes it the best market for Iranian-made goods,” boasts Yahya Ale Es’haq, head of the Iran-Iraq Chamber of Commerce. Iran’s trade with the Arab world, however, has largely remained confined to Iraq while the United Arab Emirates, the top trade hub in the region, is Iran’s first destination for its re-exports. Despite the obvious benefits of more regional trade, politics has stood in the ...
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