Indian Industry

Country Profile

Iraq
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Situated in the western asia, iraq borders with kuwait and saudi arabia to the south and syria to the northeast side. The nation is vested on total 437,072 sq km area which can be segregated into 432,162 sq km & 4,910 sq km land and water area respectively. The nation is endowed with natural resources like petroleum, natural gas, phosphates etc. The country is home to around 28,221,181 people. It has recorded GDP at $102.3 billion with 5% real growth rate. The industry sector is the major contributor followed by service and agriculture sectors. It has total 110 airports which can be divided into 76 airports with paved runways and 34 with unpaved runways.

Snapshot

Official Name - Republic of Iraq
Capital City - Baghdad
Type of Government - Parliamentary Democracy
Currency - Iraqi Dinar
Fiscal Year - Calendar Year
Official Language(s) - Arabic, Kurdish
Local Time - GMT+3 (UTC+3)
International Dialling Code - +964
Internet Domain - .iq
Major Cities - Baghdad, Mosul, Basrah
Major Industries - petroleum, chemicals, textiles, leather, construction materials, food processing, fertilizer, metal fabrication/processing
Major Trading Partners - USA, Italy, Spain, Canada, Syria, Turkey, Jordan
Double Taxation Treaty with India - No



Economic Overview
  • Petroleum sector contributes nearly 95% of foreign exchange earning.
  • Industrial sector is the major GDP contributor followed by service and agriculture sectors.
  • The country is positioned among a group of oil producing rich countries.
International Trade
Major Export Items
Crude Oil, Crude Materials excluding Fuels, Food and Live Animals

Main Destinations of Exports
United States, Italy, Spain, Canada

Major Import Items
Food, Medicine

Main Origins of Imports
Syria, Turkey, USA, Jordan

Contacts of Trade Ministries/ Associations

Federation of Iraqi Chambers of Commerce Baghdad Chamber of Commerce Basrah Chamber of Commerce
P.O.Box 5665
Al-Mustansir Street
Baghdad, Iraq
Tel.: +(964)-(1)-8876211/6/880091/8886111/8888850
Fax: +964)-(1)-8880878/8860283

P.O.Box 24168
Mustansir Street
Baghdad, Iraq
Tel.: +(964)-(1)-8876211/2/3
Fax: +(964)-(1)-8876217/8879563/8866034

Al-Aziziyah Street Alashad Basrah, Iraq
Tel.: +(964)-(40)-214630/211343
Fax: +(964)-(40)-212478

Mosul Chamber of Commerce Union of Iraqi Chambers of Commerce
P.O.Box 35
Al Karnish Street
Mosul, Iraq
Tel.: +(964)-(60)-774771
Fax: +(964)-(60)-771359
E-mail: nce@eureka.lk

P.O.Box 42083
Baghdad,
Iraq
Tel.: +(964)-(1)-8876211/6/8880091/8886111
Fax: +(964)-(1)-8880878








Business Visa Rules
  • A valid passport with 6 months validity.
  • Visa application form duly completed and signed.
  • 2 recent passport size photographs.
  • A business letter written on company's letterhead detailing about purpose of visit and and job position of applicant. It should be signed by an authorized person other than the applicant itself.
  • Letter of invitation from company or your business associate in iraq.
  • Visa is valid for three months but can be extended further in iraq.
Business Hours
Government organisations:   Saturday to Thursday from 08.00 - 14:00

Public Holidays

Festival Date
New Year's Day January 01
Army Day January 06
Ramadan Revolution February 08
Ashura Date Varies
Mouloud (Birth of the Prophet Muhammad) Date Varies
FAO Day April 17
Labour Day May 01
National Day July 14
Republic Day July 17
Ceasefire Day (End of Iran-Iraq War) August 08
Eid al-Fitr (End of Ramadan) Date Varies
Eid al-Adha (Feast of the Sacrifice) Date Varies
iraq


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