Trade to achieve economic gains for Iraq
07/04/2013 12:00 AM
Academic point higher rates with 3 states
Baghdad - Mostafa Hashemi saw academic economic Dr Majid Baidhani that trade serves Iraq and bring him economic benefits as well as political gains. said Baidhani told (morning): The trade means an agreement between the state and other marketing goods each in the markets of the other, or that one of the parties provides guarantees that the goods produced by the other party are good and in accordance with the required specifications. explaining that the terms of trade is the quantity of imports received by the state for what issued from goods produced locally and represents the exact percentage the price indices of exports divided by the price indices for imports. , and pointed out that this principle works by according to the agreement which is in general and the details are as needed, noting that in some cases serve as a trade-off economic serve the parties to accept the goods. pointed out that Iraq aspires Ban share with the world the introduction of goods good or good product facilities and to be guaranteed, adding that the trade sometimes involves political dimensions. said Baidhani high rates of trade exchange between Iraq and the United States by about 23 percent in 2013 compared to 2012, according to statistics from the Commercial Attaché in Washington . and occupies oil exports Introduction trade relations between Iraq and the United States, as well as provide the requirements of projects and government contracts from the U.S. market and the growth of trade with the Iraqi private sector as well. adds Baidhani: The United States is one of the key markets for Iraqi oil, especially that Iraq today is trying to gain the confidence of the global economy after leaving formal provisions of Chapter VII of the UN Charter, noting that the volume of trade with Russia and Iran, has risen in recent years. was Russian Prime Minister Dmitry Medvedev said during a meeting with Prime Minister Nuri al-Maliki said recently that trade between the two countries increased by about 3 times since 2001, and that it is not a roof top and that the matter under consideration. According to Iranian media has reached the value of trade between Iran and Iraq in 2012 to 6 billion and $ 360 million, and the share of Iran's exports more than 98 percent. The Iran's share of the value of trade between the two sides in 2012, 6 billion and $ 267 million, while the value of exports reached Iraq to Iran $ 83 million. |
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