The trade exchange between Iraq and Iran has reached $6 billion in the last two years

On monday Iraqi Ministry of Trade announced that the trade exchange between Iraq and Iran has reached $6 billion in the last two years. Iraq exported goods worth $60 million to Iran in 2015 and 2016, according to the statement.“The annual rate of increase of the trade exchange between Iraq and Iran has reached more than $250 million,” the statement reported. “The rate continuously increases despite the oil price, which is low at international markets.”Trade and economic relations between Iraq and Iran have increased since 2003.