Iranian Businesses Look To Iraq To Expand Amid U.S. Sanctions
(WorldNews Iran)

With U.S. sanctions cutting into Iran`s oil exports and global trade, Iranian businesses have been looking to expand their presence in a traditional market -- Iraq. For Iranian companies, the annual Baghdad International Fair taking place this week is a major event that attracts exporters of carpets, foodstuffs, and heavy equipment. Iran`s Ambassador to Iraq, Iraj Masjedi, vowed that this year, Iran will expand its already flourishing trade with Iraq, which like Iran has a majority Shi`ite population. The two neighbors have extensive cultural and historic ties. The U.S. sanctions, he said, "will not affect the relations between the two countries." U.S. President Donald Trump...