Iran will hold a four-day exclusive exhibition in Erbil in Iraq's semiautonomous Kurdistan region in early March, said an official of the Trade Promotion Organization (TPO).
Farzad Piltan, the director-general of TPO’s Arab-Africa Department, added the expo will be held during March 8-11, IRNA reported.
He noted that the fair is aimed at expanding trade cooperation with neighboring states through presenting Iranian products.
Piltan said the exhibition will be held by a domestic company in cooperation with Iran’s Consulate in Erbil under the supervision of TPO’s Arab-Africa Department, which has issued the permit for the event.
He listed some of the products to be displayed at the fair as equipment and materials used in building construction, steel production and mining sector as well as home appliances, foodstuffs, detergents and hygiene products and industrial machinery and equipment, saying the TPO will offer loans to the companies that would participate in the expo.
Piltan said given the Iraqi market’s great capacities for Iranian exporters, the domestic companies’ participation in the fair can play an important role in the better presentation of their products to the consumers in the target market.
During the first nine months of the current calendar year (March 20-December 20), Iran traded 110 million tons of products valued at $52 billion with other countries, of which 58.2 million tons, worth $25.1 billion, pertained to its exports.
This comes as having imported 20.8 million tons of products valued at $5.9 billion, Iraq was Iran’s second target market in this period.