Turkey to provide $5 billion loan to Iraq: Çavuşoğlu
ISTANBUL - Anadolu Agency
The top diplomat added that he is set to visit both, the Iraqi capital Baghdad and Erbil, the administrative capital of Kurdish regional government.
“Turkey’s bilateral trade volume with Iraq declined from 2014 to 2016 due to security problems in Iraq. In 2017, this trend has been reversed and the bilateral trade volume has increased,” the ministry said, adding that Turkey expected the trade volume to reach over $12 billion in the upcoming years.
In the summer of 2014, ISIL overran much of northern and western Iraq.
After a three-year war, the Iraqi government declared late in 2017 that ISIL's military presence in Iraq had been all but ended through operations backed by a U.S.-led international alliance.