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According to Iraq Business News, the value of Iraq-US trade was $21 billion in 2012 out of which US exports to Iraq were $2 million and the value of Iraq exports to US were $19 billion. Iraq and United States have announced that the volume of the two-way business will increase in the light of TIFA, Trade and Investment Framework Agreement. This agreement was negotiated in 2005 for the first time.Diplomats from the two countries will exchange their notes at the end of this year. For full story please
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