Alaa Wali Ali said during the meeting of the Iraqi business delegation with public and private sector officials from Chaharmahal and Bakhtiari, organized by the province's Chamber of Commerce, Industries, Mines and Agriculture: Iran, as a vast continent, has many capabilities in various sectors.
There are great opportunities in Iran for work and business activities, which are of great capacity compared to international countries.
After the fall of Saddam Hussein, 90% of the Iraqi market belonged to Iranian products, but after a decade Turkey is considered the owner of the Iraqi market.
Turkey spends $16-18 billion on the Iraqi market, and Iran's share is $13 million.
Recently, a target of 25 million dollars was predicted between Iran and Iraq.
One of the main problems is the type of bank accounts for Iraqis in Iran, which has caused Iraqis not to accept the invitation to invest in Iran.
At present, one of the main problems is the complexity of rules and regulations between the Iranian government and the Iraqi private sector, and the conditions of the sanctions in this regard have caused further problems for Iraqi investors in Iran.
When Iraqi investors have problems transferring money to Iran, they no longer have any incentive to invest and they have to cede their country's market to other countries.
The Al-Amara cement plant was built by Iranians and better planning should be done to strengthen the financial sector and the entry of clinker in this plant.
Eliminating visas, easing the entry of tourists and removing restrictions on the entry of more foreign currency into Iran will boost the country's financial cycle.
A 25-person business delegation from Iraq has arrived in Shahrekord to establish bilateral cooperation.