Iran and Iraq signed an export agreement today.
Iran signed a $4 billion contract related to the export of technical and engineering services with Iraq. The purpose of the agreement is to make up for the decrease in Iranian non-electricity exports to Iraq. From March to November of this year, such exports decreased $1.4 billion to $4.7 billion. The reason for the decrease was the delay in forming an Iraqi government, the Iranian state-run Press TV reported.