Iraq has historically occupied a pivotal position in the Persian Gulf and Middle East region. It has strategically important ports and airports and can prove to be a cost-effective trading and distribution location.
Iraq’s strategic position, availability of people and competitive cost base make it an excellent location from which to export to the region and to the world. However, given that the majority of goods sold now in Iraq are imported, Iraq’s domestic market of 36 million people offers an obvious opportunity to produce and sell goods and service to provide import substitution.