Iraqi Economists Network

Iraq to produce 7 million tons of wheat this season

Baghdad (IraqiNews.com) – The Iraqi Minister of Agriculture, Abbas Al-Maliki, said on Wednesday that Iraq is expected to produce seven million tons of wheat during the current season. Al-Maliki’s remarks took place during his meeting with the British Prime Minister’s Trade Envoy to Iraq and President of the Iraq Britain Business Council (IBBC), as well as a group of researchers, academics, and specialists in the field of agriculture in the British capital, London, according to a statement issued by the Ministry of Agriculture.

International firms compete for 30 energy projects in Iraq

Baghdad (IraqiNews.com) – In its effort to boost the national economy and attract foreign investments, the Iraqi Ministry of Oil revealed a new round of oil exploration and production licenses, aiming to attract international energy companies to carry out 30 strategic projects in various areas of Iraq. International companies taking part in Iraq’s oil and gas sector withdrew due to security, political, and technical challenges; however, the Iraqi government seeks to stimulate this sector and re-attract investments by providing a suitable investment environment and encouraging strategic partnerships with major companies.

Turkish exports to Iraq expected to reach $16 billion in 2024

Shafaq News/ The chairman of the International Association of Industrialists and Businessmen in Turkiye and Iraq, Nawaf Kalij, disclosed on Saturday that Turkiye's exports to Iraq surpassed $25 billion over the past two years, with a potential to reach $16 billion in 2024. Kalij explained to Shafaq News Agency the "diligent efforts of Turkish businessmen to expand foreign trade with Iraq," considering Iraq, a key importer of Turkish products "known for their superior quality and high demand in the Iraqi commercial market."

Iraq, Turkey to elevate security, economic ties after Erdogan visit

BAGHDAD, April 22 (Reuters) - Turkish President Tayyip Erdogan said relations with Iraq were entering a new phase after the neighbours agreed to cooperate against Kurdish militants, boost economic ties via a new trade corridor and consider Iraq's needs for access to scarce water. Erdogan was in Iraq on a long-awaited visit, the first by a Turkish leader since 2011, following years of strained relations as Ankara ramped up cross-border operations against PKK militants based in mountainous, mainly Kurdish northern Iraq.

EXECUTIVE SUMMARY The Iraqi agriculture sector employs roughly 20 percent of the country’s workforce and is the second largest contributor to the gross domestic product (GDP) after the oil sector, accounting for 5 percent of the GDP. Thus, agriculture development is critical to allow Iraq to achieve their vision of a more diversified economy, in addition to generating employ

The public sector in Iraq accounts for the majority of employment in the oil-rich country. Plummeting oil prices and the COVID-19 pandemic have resulted in economic crisis and an ever increasing budget deficit. Where there is crisis however, there is opportunity: will 2021 bring a much needed reform of the public sector in Iraq? When the Iraq anti-government protests erupted

The Arab National Movement is mourning the death of one of its bellwethers, Dr Khair El-Din Haseeb, founder of the Centre for Arab Unity Studies. Arab nationalists and thinkers throughout the Arab world have lost an eminent and irreplaceable character, Dr Khair El-Din Haseeb, who passed away on 12 March 2021. Dr Haseeb was at the heart of the region’s important intellectual

To the editors of the ‘Iraqi Economists Network’ (IEN) At the outset, my thanks go to the editors of the IEN and also to the World Bank’s ‘Country Economic Memorandum Team’ (WB-Team) for their interest in my article posted at the IEN website in early March (http://iraqieconomists.net/en/2021/03/08/world-banks-assessment-is-flawed-manufacturing-is-viable-in-iraq-pre

The United States and Iraq must work together to bring about better opportunities and economic prosperity for the Iraqi people to help secure a stable, democratic and growing Iraq. Given its resources, people, history, and resilient democratic governance, Iraq has the elements and the potential to deliver a bright future for its citizens and ultimately through sustained economi

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