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Iran pushes forward in trying to increase trade to Iraq…….

Most people don’t know this…but Iraq’s strongest trading partner is Iran……

Yes……Iran……

While America and Europe seek to squeeze more sanctions on Iran…..That country seeks to improve trade with Iraq…..The Dog has said this more than once here sanctions will NOT work against the regime……which isn’t stupid…on the face of this it seems to be a deliberate move to out fox the United States strategy of trying to limit Iran’s influence in the region…..

The act of improving commercial ties to Iraq by Iran will undoubtedly pull both countries closer no matter how many troops the United States leaves behind….In addition, as the United States has done around the world commercial ties means that Iran can continue to exert influence over wide parts of the Iraqi population which will forced to trade and interact with Iran as an economic partner…..

Make no mistake….. Iraq is desperate to attract investments no matter where it come from…..

If was the American State Department and White House I would be not happy about this…which seems to be saying…

‘..Thanks Guys for getting rid of our biggest headache Saddam….now leave so we can finish up our business of assimilating Iraq into our sphere of influence.…’

Here’s the link for the piece from Reuters…….

BASRA, Iraq (Reuters) – Iran hopes to double trade with Iraq to $8 billion this year, an Iranian diplomat said on Sunday, shrugging off Western-backed sanctions aimed at curbing business with the Islamic Republic.

Shi’ite Muslim Iran is the main trading partner of Shi’ite-led Iraq and has been one of the largest investors in Iraq since the fall of Sunni dictatorSaddam Hussein.

A series of agreements between Baghdad and Tehran could boost bilateral trade between the two countries to $8 billion in 2010, up from $4 billion last year, Iran’s consul in the southern oil hub of Basra Mohammed Reza Baghban said.

“We are sure that, if there are no obstacles in Iraqi-Iranian economic relations, bilateral trade between the two countries will be double what it was in 2009,” he told reporters at an Iranian trade fair in Basra.

The main areas of trade between the two countries are the construction, food and industrial sectors.

The United States and its European allies have been trying to pressure Iran to suspend its disputed nuclear programme, which the West suspects is aimed at making bombs. Tehran says the programme is for peaceful purposes and will not be halted.

The Islamic state is currently under U.S. and U.N. sanctions.

Iraq wants to boost economic ties with its neighbors and attract investment to develop an infrastructure and economy battered by years of war, under-investment and sanctions.

February 21, 2010 - Posted by | Breaking News, Government, Media, Other Things, Politics, The Economy, Updates | , , , , ,

3 Comments »

  1. […] More: Iran pushes forward in trying to increase trade to Iraq … […]

    Pingback by Iran pushes forward in trying to increase trade to Iraq … | Iraq Today | February 22, 2010 | Reply

  2. It was highly publicized throughout the W years

    Prime Minister al-Maliki was a friend of the Persian people

    I am SURPRISED you are surprised about this

    Comment by Timothy Peter Leal | February 22, 2010 | Reply

    • I’m not….Iran has always been doing things with Iraq…..but remember before Saddam got Bush pissed at him the two countries had been fighting for 8 years……

      Comment by jamesb101 | February 22, 2010 | Reply


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