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Iraq-Turkey Trade Up 50 Percent in Past Year - ASHARQ AL-AWSAT English Archive
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ARBIL, Iraq (AFP) – Trade between Turkey and Iraq increased by 50 percent to nine billion dollars in 2009, an Ankara official told reporters on Saturday in Arbil, capital of Iraq’s autonomous northern region.

“The volume of commercial exchange between Iraq and Turkey in 2009 was nine billion dollars, and in the same year Turkish companies signed investment deals worth eight billion,” said the Turkish consul general to Arbil, Aydin Selcen.

In 2008, trade between the two countries reached six billion dollars, up from 3.7 billion the previous year.

Excluding the oil sector, Turkey is the largest commercial investor in Iraq.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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