Turkey's exports to Iraq decline 21% after ISIL control on Mosul

Turkey's exports to Iraq decline 21% after ISIL control on Mosul
2014-07-01T11:36:46+00:00

Iraq is a major trading partner for Turkey as the volume of trade exchange between the two countries reached mostly to about $ 12 billion.

The gunmen of the Islamic State of Iraq and Levant “ISIL” organization have seized areas on both sides of the Iraqi-Syrian border after they seized the Iraqi city of Mosul on the tenth of June and began to advance towards Baghdad.

  Mohammed Buyuceksha , the head of the Exporters Association said in a statement via e-mail, "Our exports to Iraq have been affected since the seizure of Mosul," according to Reuters.

 

"We allow the access of only a limited amount of trade across alternative path to Kirkuk,” he added.

Shafaq Live
Shafaq Live
Radio radio icon