2025-10-25T22:08:34+00:00

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Shafaq News – Vienna

Austria
is seeking to expand investments and deepen economic cooperation with Iraq,
Austrian Foreign Ministry Secretary-General Nicolas Marschke confirmed on
Saturday.

A
statement from the Iraqi Foreign Ministry reported that Marschke met with
Ambassador Mohammad Hussein Mohammad Bahr al-Uloom in Vienna, highlighting
Iraq’s significance as a key player in the Arab region. The two sides also
committed to ongoing coordination and consultations to advance existing
agreements and foster broader cooperation beneficial to both nations.

Trade
between the two countries has steadily increased over the past five years. A
2024 report from Iraq’s Ministry of Trade noted that Austria’s exports to Iraq
rose from roughly $79.9 million in 2018 to $110 million in 2023, reaching
$133.7 million in 2024. Machinery, pharmaceuticals, and electrical equipment
are among the main traded goods.