Iran "Signs $4Bn Services Deal With Iraq"

2022-12-01 03:22:25

(MENAFN- Iraq Business News)

By John Lee.

Iran and Iraq have reportedly concluded a $4-billion contract under which Iran will supply technical and engineering services to Iraq.

The report from iran's state-run presstv gave no details of the deal, but quoted Hamid Hosseini, Director of the Iranian Oil, gas and Petrochemical Products Exporters' Association (OPEX), as saying:

'In the eight months of this year [beginning on March 20], exports to Iraq, except for electricity, totaled $4.7 billion, down by $1.4 billion compared to the same period last year.'

It adds that Iran's exports to Iraq are expected to reach $8-9 billion for the year.

Iraqi Prime Minister Mohammed Shia al-Sudani visited Iran this week, meeting top leaders, including Supreme Leader Ayatollah Ali Khamenei.

(Source: PressTV)

The post iran 'signs $4bn services deal with iraq' first appeared on iraq business news .

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