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Iraq: Iran’s Economic Gateway To the World

Amid strict international sanctions, Iranian exports are increasingly flowing into Iraqi markets as one of its few remaining lifelines in the region and around the world.
Empty and disused Islamic Republic of Iran Shipping Lines (IRISL Group) containers are seen at Malta Freeport in the Port of Marsaxlokk outside Valletta February 10, 2012.  The IRISL ships and containers are key parts in an international cat-and-mouse game: Iran's attempt to evade the trade sanctions tightening around it. Washington and European capitals want to stop or slow Iran's nuclear programme. They believe that IRISL, which moves nearly a third of Iran's exports and imports and is central to the coun

The Trade Promotion Organization of Iran (TPOI) said on Monday, June 24, 2013, that 72% of Iran’s exports go to Iraq, and revealed that Iraq's imported goods from Iran increased by nearly 15% this year.

The Iranian Fars News Agency quoted TPOI deputy Kiumars Fathallah Kermanshahi as saying that “Iraq receives 72% of the total volume of Iran's foreign trade, and is ranked first as the biggest importer of Iranian goods.”

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