Tunisia and Iraq Agree to Strengthen Economic Cooperation
Tunisia and Iraq Agree to Enhance Economic Ties, Focus on Key Sectors
Tunisia and Iraq have agreed to strengthen their economic cooperation, prioritizing sectors such as household appliances, medicines, pharmaceutical products, and food products through joint participation in economic exhibitions in both countries.
The agreement was reached on Saturday, May 10, 2026, in Baghdad during a meeting between the Tunisian Ambassador to Iraq and the President of the Iraqi Chambers of Commerce, Amer Khalaf Al-Fahdawi, according to a statement released by the Tunisian Embassy in Baghdad.
Discussions Focus on Enhancing Trade Relations
The discussions centered on the current state of trade relations between the two countries and ways to develop them to reach a higher level. The two parties also decided to review the composition of the Tunisia-Iraq Business Council through a new, updated structure aimed at ensuring the participation of major economic operators from both countries.
In addition, they agreed to update the legal framework governing the relations between Tunisian and Iraqi business organizations.
Reciprocal Business Delegations to Explore Partnership Opportunities
In the same context, Tunis and Baghdad have scheduled a series of reciprocal visits by business delegations to explore partnership and investment opportunities available in both markets.
The President of the Iraqi Chambers of Commerce also praised the quality of Tunisian products currently sold on the Iraqi market, particularly Tunisian olive oil, which has seen a notable increase in presence.
Key Takeaways
- Tunisia and Iraq agree to strengthen economic cooperation, focusing on key sectors.
- The two countries will review the composition of the Tunisia-Iraq Business Council.
- A new legal framework will be established to govern relations between Tunisian and Iraqi business organizations.
- Reciprocal business delegations will visit both countries to explore partnership and investment opportunities.