Iran is “afraid”: Türkiye “simply” took over the Iraqi market

by times news cr

2024-03-20T12:34:23+00:00

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/ The pinnacle of the Agriculture Committee within the Iranian Parliament expressed, on Wednesday, his nation’s fears concerning the decline in its agricultural exports to Iraq, pointing to Turkey and Saudi Arabia’s takeover of the Iraqi market, which they thought of a “critical hazard” to Tehran’s financial system.

Iranian parliamentarian Muhammad Jawad Askari mentioned, in press statements seen by Company, that “Iran’s fears are growing concerning the decline in its agricultural exports to Iraq, as a consequence of many components, together with inside and exterior components, represented by the American sanctions imposed on it, and the tightening of procedures for monetary transfers in {dollars} from Baghdad overseas.” for the aim of import.”

Concerning the inner causes, Askari confirmed, “Iran has begun to lose its markets overseas for native causes, associated to the presence of issues in authorized laws which have disrupted the non-public sector, which reveals that the decline in exports isn’t restricted to the greenback financing disaster in Iraq.”

He identified that “Turkey simply took over the Iraqi market as an alternative of Iran,” explaining that “the Kingdom of Saudi Arabia additionally started to take over neighboring markets within the manufacturing of agricultural merchandise, and this can be a critical hazard to the Iranian financial system.”

He acknowledged, “Iranian agricultural product exports have decreased considerably, particularly with regard to dried vegetables and fruit.”

Askari held, “The Iranian Tax Authority is liable for the decline in exports of agricultural merchandise,” saying, “The Tax Affairs Authority makes errors in some features of the export of agricultural merchandise, which ends up in an absence of incentive within the export of agricultural merchandise.”

In line with Iranian media, exports of Iranian meals and agricultural merchandise to nations within the area recorded about $5.6 billion final 12 months, a progress of 6.5% over the earlier 12 months, and Iraq then topped the record of the highest ten markets importing Iranian agricultural and meals merchandise with $1.784 billion.

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