He added that the figure stood at around 11 billion dollars last year (ended March 19).
“Iraq's free economy has created a competitive atmosphere for exporters from all over the world. Iranian cooperatives should therefore try to present their products and services in Iraq…,” Danaeifard stated.
He further highlighted that Iran has eight border crossing points and six border markets with Iraq, and shares it highest trade volume with the Arab nation.
Iran and Iraq have been steadily enhancing ties since the overthrow of the executed Iraqi dictator Saddam Hussein in 2003.
Earlier in April, Iranian President Mahmoud Ahmadinejad said in a meeting with Iraqi Prime Minister Nouri al-Maliki that there is no barrier to the development of political, economic and cultural relations between Iran and its western neighbor.
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