4th meeting of  Intergovernmental Commission on Economic Cooperation   held in Yerevan 

ArmInfo. The fourth meeting of the Armenian-Iraqi Intergovernmental Commission on Economic Cooperation was held in Yerevan. During the meeting, several   memorandums of understanding were signed.

The meeting was chaired by Minister of Economy Gevorg Papoyan from  the Armenian side, and by Minister of Agriculture Abbas Jebur  Al-Maleky from the Iraqi side. The memorandums were signed between  the Chambers of Commerce and Industry of Armenia and Iraq, Business  Associations, the Armenian Association of Developers and the Iraqi  Federation of Contractors. Gevorg Papoyan highlighted the  historical  friendly relations between Armenia and Iraq. He also pointed out the  recent dynamic growth in economic relations,  noting that in the  first half of 2025, the mutual trade volume reached $171 million, a  significant increase from the previous year.

Note  that according to the Statistical Committee, the foreign trade  turnover between Armenia and Iraq in January-June 2025 totaled $171.2  million, which is almost twice as high as the figure for 2024. The  lion's share of trade was made up of Armenian exports ($170.9  million), showing an annual growth of 95.4%, while the volume of  imports was only $258.1, with an annual growth of 4.5 times.