Die Republik Irak entwickelt sich wieder mehr und mehr zu einem wichtigen Handelspartner Deutschlands. Das deutsch-irakische Handelsvolumen ist seit 2015 stetig angestiegen und betrug im Jahr 2016 rund 1,3 Mrd. Euro. Bis 2021 wird vom internationalen Währungsfond ein stetiges Wirtschaftswachstum prognostiziert. Der irakische Markt birgt großes Potenzial für die deutsche Wir
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Iraq has faced the ISIS war and a protracted reduction in oil prices since mid-2014. Strong oil production sustained growth, but the non-oil economy has contracted sharply. 10% of Iraqis remain displaced due to continuous un-rest. A large international financing package supports the government’s re-form effort. Following an OPEC agreement, oil production would decrease in 201
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BAGHDAD — On Aug. 7, Dhi Qar province, south of Iraq, formed a security force to protect its archaeological sites and monuments. The province is one of Iraq’s richest in archaeological sites, some of which are 7,000 years old. The new force intends to enforce strict security measures to curb antiquities trafficking in areas with considerable archaeological sites. However, l
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Minister says Baghdad doesn’t know much about Kurdish exports Too early to decide whether OPEC deal needs to be extended Iraq said it has gone deeper than its pledged oil-output cut, potentially ending a seven-month period in which OPEC saw the nation falling short of its agreed curbs. The second-largest producer in the Organization of Petroleum Exporting Countrie
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State-run SOMO mulls shift in Asian pricing to Dubai exchange OPEC’s second-largest producer seeks feedback by end of August OPEC’s second-largest producer is stepping up the campaign to get more for its oil by looking to revamp the way it sells crude to its biggest customers. Iraq is considering plans to use a new reference price for sales to Asia, according to traders,
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