Russia-Iraq Trade Grows to $1.4 Billion a Year: Envoy
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Russia-Iraq Trade Grows to $1.4 Billion a Year: Envoy

ERBIL — Trade between Iraq and Russia has grown significantly over the past two years, reaching $1.4 billion annually, said Iraqi Ambassador to Russia Haidar Mansour Hadi.

"Our relations with Russia are very good, both old and current [relations], they continue. Russian-Iraqi trade has increased by 52 percent from $900 million to $1.4 billion over the past two years," Hadi told Sputnik on Friday.

He said Baghdad and Moscow will work to further increase and expand their bilateral economic work in different areas, and Iraq would support Russian energy companies’ investment in Iraq.

Concerning the close ties between Iraq and the US, Hadi said that they will not impact the relations between his country and Russia.

"There are [Russian-Iraqi] military equipment contracts and they are being implemented … Iraq is open for everyone.”