President-elect Hassan Rohani: Iran follows moderate foreign policy; The bilateral trade between Iran and Iraq increased during the last financial year
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    • (JUNE 24-30)

    According to reports, Iran’s President-elect Hassan Rohani has stated that he will follow a moderate foreign policy based on detente and constructive interaction with the world to help resolve the problems facing the country. He also mentioned “moderation in foreign policy is neither surrender nor conflict, neither passiveness nor confrontation, but rather is interaction.” He has repeatedly emphasized that the tension between Iran and the West over the country’s nuclear programme should be defused only through logical dialogue and active interaction. Commenting on the composition of his cabinet, Rohani said “my cabinet will be completely extra-factional, and its reliance will be on merit. And given that the administration has given no commitment to any party or faction, it is not indebted to any party or faction.” 1

    Reports noted that the bilateral trade turnover between Iran and Iraq surpassed $6.35 billion in the previous calendar year, which ended on March 20, 2013. Tehran's exports to Baghdad accounted for 98 percent on the mentioned amount. Iraq exported goods worth of $83 million to Iran. Baghdad also became Tehran's third largest trade partner in 2012-13. Iran's technical and engineering services exports to Iraq reached $3 billion in the previous year. The two countries trade volume stood at $9.7 billion two years ago. 2

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